NEXTDC Announces Retail Entitlement Offer
Key points
- 1 for 5.4 pro rata accelerated non-renounceable entitlement offer
- Offer price of A$12.70 per New Share
- Offer fully underwritten
Full summary
NEXTDC Limited has announced a retail entitlement offer to raise approximately A$1.5 billion. The offer is a 1 for 5.4 pro rata accelerated non-renounceable entitlement offer of NEXTDC ordinary shares at A$12.70 per New Share. The Entitlement Offer is fully underwritten. Eligible Retail Shareholders can take up their entitlement, take up part of their entitlement, or allow their entitlement to lapse. The retail entitlement offer closes at 5.00pm (Sydney time) on Monday, 11 May 2026 (unless extended). The New Shares issued under the Entitlement Offer will rank equally with existing NEXTDC shares. The Retail Entitlement Offer is made in accordance with section 708AA Corporations Act (as notionally modified by ASIC Corporations (Non-Traditional Rights Issues) Instrument 2026/98 and ASIC Corporations (Disregarding Technical Relief) Instrument 2026/180).
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