Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Freedom Foods Group Announces Regarding Equity Raising

23 May 2019  |  10:41:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FNP Equity Raising Launch

Freedom Foods Group announced a $130m equity raising (Equity Raising) comprising a pro rata accelerated non-renounceable entitlement offer (Entitlement Offer) of 1 FPO share in the Company (New Shares) for every existing 18 Company shares held on 27 May 2019 by eligible shareholders at an offer price of $4.80 per New Share (Offer Price) to raise $65m. The Offer Price represents a 5.5% discount to the volume weighted average share price of the Company over the past 20 trading days.

Please click here for full details

See more ASX300 News Announcements