Extension of non-renounceable entitlement offer period

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Stock Swift Networks Group Ltd (SW1.ASX)
Release Time 15 Apr 2025, 8:23 a.m.
Price Sensitive Yes
 Swift Networks Extends Entitlement Offer Period
Key Points
  • Entitlement Offer period extended by 2 weeks to 6 May 2025
  • Extension follows shareholder requests and market volatility
  • Offer open to eligible shareholders in Australia and New Zealand
Full Summary

Swift Networks Group Ltd (ASX: SW1) has announced that it has resolved to extend the Closing Date of its Entitlement Offer by two (2) weeks to 5.00pm (AEST) on Tuesday 6 May 2025. The decision to extend the Entitlement Offer period follows a period of significant worldwide stock market volatility and requests by shareholders, to enable additional time to receive the Entitlement Offer material and evaluate the opportunity. The Entitlement Offer opened on 1 April 2025 and is open to all eligible shareholders who have a registered address within Australia and New Zealand and who held shares on the Record Date. Eligible Shareholders can review the prospectus via the Company's website. The revised timetable of the Entitlement Offer is set out in the announcement, with key events such as the Closing Date, Shares quoted on a deferred settlement basis, and Quotation of Shares issued under the Entitlement Offer and Shortfall Offer.