EOS Completes and Upsizes Share Purchase Plan
Key points
- Successful completion of Share Purchase Plan
- Received $95 million in applications from 4,909 shareholders
- Board exercised discretion to accept $40 million in applications
Full summary
Electro Optic Systems Holdings Ltd. (ASX:EOS) has successfully completed its Share Purchase Plan (SPP), which was announced on 18 May 2026. The SPP was undertaken in conjunction with the $150 million institutional placement and the further $40 million strategic placement. EOS received valid applications of $95 million from 4,909 eligible shareholders, significantly higher than the original $25 million target. The Board exercised its discretion to accept $40 million in SPP applications to provide the fairest outcome for participating shareholders. Approximately 5 million new fully paid ordinary securities in EOS will be issued at an issue price of $8.00 per share.
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