Costa Group Holdings (ASX:CGC) completes retail entitlement offer

  • Home
  • Company News
  • Costa Group Holdings (ASX:CGC) completes retail entitlement offer
22Nov

Costa Group Holdings (ASX:CGC) completes retail entitlement offer

 

Costa Group Holdings (ASX:CGC) has successfully completed the retail component of its fully underwritten 1 for 4 pro rata accelerated renounceable entitlement offer with retail rights trading.

The grower, packer and marketer of fresh fruit and vegetables received approximately $66 million successful applications.

Approximately 10.8 million retail entitlements will be offered under the Retail Shortfall Bookbuild.

Completion of the Retail Entitlement Offer represents the second stage of Costa's Entitlement Offer to raise approximately $176 million.

Shares in Costa Group Holdings (ASX:CGC) closed -4.55 per cent lower at $2.52 yesterday.

Copyright 2019 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

18Jan

Polynovo (ASX:PNV) responds to ASX request for information

18 Jan 2021 - Biotech company Polynovo (ASX:PNV) has responded to a request for further information from the ASX regarding its latest trading update which was released last week.

Read More
30Nov

AnteoTech (ASX:ADO) to receive $1.2M tax refund

27 Nov 2020 - AnteoTech (ASX:ADO) has received a tax refund of almost $1.2 million under the Federal Government’s Research & Development Tax Incentive Scheme.

Read More
23Mar

Market open: Tech leads as materials fall, ASX up 0.4% in muted trade

23 Mar 2022 - A snapshot of the stocks on the move at the market open.

Read More
07Apr

QBE Insurance Group (ASX:QBE) appoint new CEO, International

07 Apr 2020 - QBE Insurance Group (ASX:QBE) has appointed Jason Harris as Chief Executive Officer, International, succeeding Richard Pryce who intends to retire at the end of this year.

Read More
08Sep

Woolworths (ASX:WOW) changes leadership formation

08 Sep 2020 - Woolworths (ASX:WOW) changes leadership formation.

Read More
24Jun

Stocks of the Hour: Encounter Resources, Myer Holdings, Cleanaway Waste Management

24 Jun 2024 - A snapshot of the stocks on the move, featuring Encounter Resources (ASX:ENR), Myer Holdings (ASX:MYR) and Cleanaway Waste Management (ASX:CWY).

Read More
09Sep

Lendlease (ASX:LLC) announces completion of engineering sale

09 Sep 2020 - Lendlease (ASX:LLC) today announced the completion of the sale of its Engineering business to Acciona Infrastructure Asia Pacific.

Read More
23Nov

Stocks of the Hour: BHP, TechnologyOne & Bapcor

23 Nov 2021 - A snapshot of the stocks on the move, featuring BHP (ASX:BHP), TechnologyOne (ASX:TNE) & Bapcor (ASX:BAP).

Read More
25Feb

Iluka Resources (ASX:ILU) boasts NPAT of $2.4 billion for the year

25 Feb 2021 - Mineral sands miner Iluka Resources (ASX:ILU) report a net profit after tax of $2.4 billion for full year 2020, compared to a loss of $300 million in 2019.

Read More
13Aug

Evolution Mining (ASX:EVN) rewards investors as profits rise

13 Aug 2020 - Evolution Mining (ASX:EVN) has reported a 38% increase in net profit after tax to a record $301.6 million compared to $218.2 million for FY19. The mining company will pay a record final dividend for the year of 9 cents per share fully franked delivering a total FY20 dividend of 16 cents per share, a 68% increase on FY19.

Read More