Company News Summary | 14 Mar 2019
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Megaport Completes $50m Placement
09:17:00 | Associate analysts
Original annuncemenet:Megaport completes $50 million placement
Megaport announced the successful completion of its $50m fully underwritten share placement to institutional, experienced, sophisticated and professional investors (Placement). The Placement will result in the issue of 12,500,000 FPO shares in the Company. The issue price of the new Shares is $4.00 per Share, representing a discount of 4.8% to its closing price of $4.20 per Share on 12 March 2019.
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