Comms Group Ltd Announces Entitlement Offer
Key points
- Non-renounceable pro-rata entitlement offer of 1 new share for every 9 shares held
- Issue price of $0.05 per new share
- Offer opens on 22 May 2025 and closes on 2 June 2025
Full summary
Comms Group Ltd (CCG) is conducting a fully underwritten non-renounceable pro-rata entitlement offer to raise funds. Eligible shareholders can subscribe for 1 new share for every 9 shares held at an issue price of $0.05 per new share. The offer period is from 22 May 2025 to 2 June 2025. The entitlement offer booklet provides important information about the offer, including details on the timetable, how to accept the entitlement, and key risks. Shareholders are advised to read the booklet carefully and consult their professional advisers before making an investment decision. The joint lead managers for the capital raising are Henslow Pty Ltd and Taylor Collison Limited.
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