Successful Completion of Retail Entitlement Offer
| Stock | Navigator Global Investments Ltd (NGI.ASX) |
|---|---|
| Release Time | 29 May 2026, 9:26 a.m. |
| Price Sensitive | Yes |
Navigator Completes Retail Entitlement Offer
- Completed retail component of A$145M offer
- Retail shareholders took up 38% of entitlements
- Institutional component raised A$134M
- New shares to begin trading June 3, 2026
Navigator Global Investments Limited (NGI) has successfully concluded the retail component of its A$145 million fully underwritten 1 for 8.13 accelerated pro rata non-renounceable entitlement offer. The retail offer, which closed on May 26, 2026, saw eligible retail shareholders take up approximately 1.7 million shares, representing 38% of their entitlements. The remaining shares will be allotted to sub-underwriters. The institutional component of the offer, which closed before market open on May 5, 2026, raised gross proceeds of approximately A$134 million. The new shares are expected to be allotted on June 2, 2026, and will commence trading on the ASX on June 3, 2026. NGI reserves the right to amend key dates and times as necessary.
New shares to be allotted June 2, 2026; trading to commence June 3, 2026
Navigator expects the new shares to rank equally with existing shares from the date of allotment.