Ike announces details of $1.3m capital raising for NZ shareholders

Tue, 05 Sep 2017

By Sophie Boot Sept. 6 (BusinessDesk) - IkeGPS, the laser measurement toolmaker, has released the details for its $1.3 million capital raising through a share purchase plan for existing shareholders. The company flagged the plan last month, when it raised $3.7 million in an oversubscribed placement to Australian and New Zealand institutional and wholesale investors. That raising was priced at 29 cents per share, and the share purchase plan will be priced the same, Ike said. New Zealand shareholders as of Aug. 31 will be invited to subs...

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