The listed investment company, WAM Capital Limited (ASX code: WAM) will be the first company to use the ASX BookBuild Facility
The listed investment company, WAM Capital Limited (ASX code: WAM) will be the first company to use the ASX BookBuild Facility. WAM will undertake a placement of ordinary shares to sophisticated and professional investors. Eligible investors will be able to participate in the WAM capital raising under the ticker WAMXBB. If you are a sophisticated investor & want to bid into the WAM placement here is what you need to do: 1.Contact your Broker. Express your interest in participating in the WAM placement. 2.Sign a one-off Client Agreement with your broker. In order for a broker to place a bid on your behalf, you must sign an ASX BookBuild Client Agreement with them. 3.Your broker may charge you brokerage - as it is an on-market transaction, just like a secondary market transaction. 4. Read the ASX Investor information sheet for further detail. See full details at: (VIEW LINK)
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising...
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At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising...
Expertise
No areas of expertise