WAM Capital Limited announces it has successfully raised $24.7million (13.8 million ordinary shares) through a placement to professional and sophisticated...
OnMarket
WAM Capital Limited announces it has successfully raised $24.7million (13.8 million ordinary shares) through a placement to professional and sophisticated investors. WAM Capital Chairman Geoff Wilson said: The Placement has been significantly oversubscribed with strong interest from a range of investors. Listing the ASX BookBuild platform to help facilitate the Placement was straightforward and the process ran smoothly. It's a credit to Ben Bucknell and the team at On-Market BookBuilds. said Mr Wilson. WAM Capital announced on Monday it intended to offer approximately $15 million (8.3 million ordinary shares) through the Company's Dividend Reinvestment Plan (DRP) shortfall however, in response to demand the Board resolved to increase the size of the Placement. WAM Capital will invest the proceeds of the Placement in accordance with the Company's disciplined and proven investment process providing shareholders with exposure to a diversified portfolio of undervalued growth companies. Full Details: (VIEW LINK)
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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 platform: ASX BookBuild. This platform gives companies control over pricing and allocations combined with the all-of-market reach of an exchange.
Then, in our quest to bring companies and investors closer together, we built OnMarket - the world's first free-access portal into capital raisings.
We are strong believers in the power of technology to transform capital markets and we believe that democratising access to capital raisings via technologies like ASX BookBuild and OnMarket is a giant leap in the right direction.
More information can be found at www.onmarketbookbuilds.com.
OnMarket
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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OnMarket
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
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