Retail Entitlement Offer Opens & Retail Offer Booklet
| Stock | AEL.ASX (AEL.ASX) |
|---|---|
| Release Time | 30 Sep 2025, 8:13 a.m. |
| Price Sensitive | Yes |
Amplitude Energy Launches Retail Entitlement Offer
- Fully underwritten 1-for-6.35 accelerated non-renounceable entitlement offer
- Offer price of $0.24 per new share to raise approximately A$20 million
- Retail Entitlement Offer opens on 30 September 2025 and closes on 9 October 2025
Amplitude Energy Limited (ASX: AEL) has announced the opening of the retail component of its fully underwritten 1-for-6.35 accelerated non-renounceable entitlement offer. The Retail Entitlement Offer will be open from 30 September 2025 to 9 October 2025 and is expected to raise approximately A$20 million. Eligible Retail Shareholders will be able to subscribe for new fully paid ordinary shares in Amplitude at an offer price of $0.24 per new share. The proceeds from the Entitlement Offer will be used to fund the company's growth and development plans, including the expansion of its offshore gas fields and onshore processing plants in the Otway and Gippsland Basins. Amplitude Energy is an Australian gas production company focused on supplying the Southeast domestic gas market, with a portfolio of long-term customer gas supply contracts and an extensive exploration and development pipeline.