Company News Summary
Money3 Issues SPP Booklet
15 Dec 2020 | 10:40:00 | Associate analysts | Increase | Decrease |
Original announcement: MNY SPP Booklet
Money3 issued SPP booklet. The SPP follows its successful institutional placement announced on 7 December 2020, under which it raised $45m through the placement of 16,666,698 new ordinary Shares at an issue price of $2.70 per Share (Placement). Eligible Shareholders have the opportunity to purchase New Shares under the SPP at the same price paid by institutional and sophisticated investors under the Placement without incurring brokerage or transaction costs. This price represents an 8.8% discount to the closing price of Shares on 2 December 2020.
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