Share Purchase Plan Offer Booklet

Open PDF
Stock Findi Ltd (FND.ASX)
Release Time 27 Mar 2025, 11:04 a.m.
Price Sensitive Yes
 Findi Ltd Announces Share Purchase Plan Offer
Key Points
  • Eligible shareholders can purchase up to $30,000 worth of shares without brokerage or transaction costs
  • Offer price of $4.00 per share, representing a 12.3% discount to the last closing price
  • Company seeking to raise $5 million, with potential to increase or scale back the offer
Full Summary

Findi Limited (FND) is pleased to present to Eligible Shareholders the opportunity to increase their investment in the company through an offer of fully paid ordinary shares under a Share Purchase Plan (SPP). The SPP allows Eligible Shareholders to apply for a parcel of shares with no brokerage or transaction costs, up to a maximum value of $30,000. The offer price of the new shares is $4.00, which represents a 12.3% discount to the last closing price of $4.56 for FND shares on the last trading day prior to the announcement of the SPP and a recent share placement. FND is seeking to raise $5 million under the SPP. However, if the total value of applications received is greater than $5 million, FND may increase the size of the SPP offer or may scale back the number of new shares that will be allotted. In such a case, applicants will receive a proportionate refund of their application monies. The SPP is open to all shareholders who were recorded on FND's share register at 7:00pm (Sydney time) on Wednesday, 19 March 2025 with an address on the share register in Australia and New Zealand. The offer to participate in the SPP closes at 5:00pm (Sydney time) on Friday, 11 April 2025.