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

Carsales.com Announces Completion of Retail Entitlement Offer

07 Jun 2021  |  16:27:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: carsales completes Retail Entitlement Offer

Carsales.com announced the completion of the retail component ("Retail Entitlement Offer") of the Company's underwritten 1 for 6.99 pro-rata accelerated renounceable entitlement offer (with retail entitlements trading) to raise gross proceeds of A$172m ("Entitlement Offer") that was announced on 12 May 2021. Completion of the Retail Entitlement Offer represented the second stage of the Company's Entitlement Offer. The institutional component of the Entitlement Offer (including the institutional shortfall bookbuild) closed on 14 May 2021. The Retail Entitlement Offer closed on 2 June 2021. The Retail Entitlement Offer was open to 18,500 retail shareholders.

Please click here for full details

See more ASX300 News Announcements