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News and Announcements

YPB Secures $4M Placement At 51.5% Premium

  • Published October 26, 2016 11:29AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

26th October 2016, ASX Announcement

Highlights 

  • $4M placement to existing sophisticated shareholder at $0.25, a 51.5% premium to last traded price
  • Four out of the money options issued per share

Brand Protection and Customer Engagement solutions company YPB Group Limited [ASX: YPB] has completed a A$4 million placement to an existing shareholder.

A total of 16 million ordinary new shares will be issued at $0.25 per share, a 51.5% premium to the last closing price of $0.165.

Each share issued has four attached out of the money options with strike prices of $0.35, $0.45, $0.55 and $0.65, spread equally with a 10 year expiry.

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

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