Successful Completion of Retail Entitlement Offer

Open PDF
Stock NEXTDC Ltd (NXT.ASX)
Release Time 14 May 2026, 8:24 a.m.
Price Sensitive Yes
 NEXTDC Completes Successful Retail Entitlement Offer
Key Points
  • Raised approximately A$480 million through Retail Entitlement Offer
  • Strong take-up rate of 85% from Eligible Retail Shareholders
  • New Shares to rank equally with existing fully paid ordinary shares
Full Summary

NEXTDC Limited (ASX: NXT) has announced the successful completion 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 of the offer ('Retail Entitlement Offer') raised approximately A$480 million at an offer price of A$12.70 per new share. The Retail Entitlement Offer saw strong support from Eligible Retail Shareholders, with valid applications of approximately A$407 million, representing a take-up rate of approximately 85%. The Entitlements of Ineligible Retail Shareholders and Entitlements not taken up by Eligible Retail Shareholders represented approximately 5.7 million new shares (~A$73 million), which will now be allotted to sub-underwriters of the Retail Entitlement Offer. The new shares issued under the Retail Entitlement Offer will rank equally in all respects with NEXTDC's existing fully paid ordinary shares.