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BIG Investor Presentation May 2016

  • Published May 11, 2016 5:51PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

10th May 2016, ASX Announcement

Rights Issue – May 2016

Eligible shareholders are now able to subscribe for 1 new share for every 4 existing shares they hold at an issue price of $0.12 per share, together with one free attaching option for every two new share subscribed for with an exercise price of $0.25 and term of 18 months.

The offer price represents a 25.8% discount to the volume weighted average trading price (VWAP) for the 5 days trading to the 6th May 2016.

  • 1 for 4 partially underwritten non-renounceable rights issue to raise up to $2.64 million
  • Offer underwritten by CPS Capital to $1.3 million
  • For every two new shares, shareholders will receive 1 free attaching listing option with excersise price of $0.25 and terms of 18 months

To view the full presentation, please click on the button below.

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