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NEXTDC Announces Underwritten Placement of $33.6 Million and SPP Targetting $5 Million |
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Friday, 18 March 2011 09:43 |
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NEXTDC Limited today announced the successful completion of a fully underwritten equity raising of approximately $33.6 million at an issue price of $1.40 comprising an Institutional Placement, and a Conditional Placement each made to institutional and sophisticated and professional investor clients of Moelis Australia Advisory Pty Limited and RBS Morgans Corporate Limited.
In addition, NEXTDC will also offer to eligible shareholders up to $15,000 of shares through a Share Purchase Plan (“SPP”). The target amount to be raised under the SPP is $5 million. The SPP is not underwritten.
Click here to download the full release (PDF)
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