Meta Pixel

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.

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Company Updates
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation

For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]

Join over 45,000+ sophisticated investors

Join Now