Retail Entitlement Offer Opens

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Stock NEXTDC Ltd (NXT.ASX)
Release Time 27 Apr 2026, 8:16 a.m.
Price Sensitive Yes
 NEXTDC Launches Retail Entitlement Offer
Key Points
  • Retail component of the Entitlement Offer opens, expected to raise A$0.5 billion
  • Eligible Retail Shareholders can apply for additional New Shares up to 100% of their entitlement
  • Offer Price of A$12.70 per New Share, same as Institutional Entitlement Offer
Full Summary

NEXTDC Limited (ASX: NXT) has announced the opening of the retail component of its fully underwritten 1-for-5.4 pro-rata accelerated non-renounceable entitlement offer to raise approximately A$1.5 billion. The retail component, known as the Retail Entitlement Offer, is expected to raise approximately A$0.5 billion. Eligible Retail Shareholders will be invited to participate in the Retail Entitlement Offer at A$12.70 per New Share, which is the same price and ratio applied to the Institutional Entitlement Offer that recently closed, raising approximately A$1.0 billion. Eligible Retail Shareholders who take up their full entitlement will also be offered the opportunity to apply for additional New Shares up to a maximum of 100% in excess of their entitlement, at the Offer Price, subject to availability. The Retail Entitlement Offer is expected to close at 5:00pm (Sydney time) on Monday, 11 May 2026. NEXTDC has stated that retail shareholders are an important part of the company's register and will receive the same price as the institutions, with the option to apply for additional shares, providing them with the opportunity to scale into a fully funded growth plan aligned with record contracted demand already being delivered.