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

Abacus Property Group Issues Security Purchase Plan

24 Mar 2022  |  08:33:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Security Purchase Plan

Abacus Property Group announced on 17 March 2022 that it will be conducting a non-underwritten security purchase plan (SPP or Security Purchase Plan). This follows its recently completed $200m institutional placement (Placement) which involved the issue of 59.2m new stapled securities at an offer price of $3.38 per Company stapled security. Eligible Company securityholders in Australia and NZ have the opportunity to acquire up to $30,000 of new stapled securities at the same offer price as new stapled securities issued under the Placement, free of any brokerage costs, commission or other transaction costs.

Please click here for full details

See more ASX300 News Announcements