Just Life Group Limited (NZX: JLG) Rights Offer Opens

Just Life Group Limited today announces the opening of its 1 for 14 renounceable rights offer at an issue price of 70 cents per share. The c.$4.5 million capital raising was announced to the market on 23 April 2021.

The 70 cents issue price represents a 27.1% discount to the last traded price on 22 April 2021, the date prior to the announcement of the offer. The Board encourages all eligible shareholders to consider participating in the offer. The offer is open until 5pm (NZT) on 21 May 2021.

A copy of the offer document (updated for the number of rights and maximum number of new shares to be issued under the rights offer, which both increased following the exercise of share options announced to the market on 3 May 2021), is attached.

Please see the links below for details

JLG Rights Offer Document

JLG Rights Open

Source: Just Life Group Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

NZAS Sign Long Term Contracts
Amended - IFT230 Maturity and Exchange for IFT350
Synlait forecast milk price update
Chorus submits 2023 fibre regulatory report
Infratil Infrastructure Bond Exchange Offer opens
May 31st Morning Report
NZAS and Mercury sign long-term agreement, creating opportunity for future investment in renewables
Meridian and NZAS sign long term contracts
ArborGen Holdings Results for Year Ended 31 March 2024
BAI - Full unaudited results to 31 March 2024