Pushpay to raise A$40 mln in ASX listing next month

Sun, 11 Sep 2016

By Sophie Boot Sept. 12 (BusinessDesk) - Pushpay will raise A$40 million as part of a secondary listing on the ASX in October in an effort to open up the shares to US investors. The mobile payments app developer will raise capital from Australian exempt investors and qualified investors from other companies through Australian wealth managers Ord Minnett as it prepares for a foreign exempt listing, it said in a statement this morning. The A$40 million bookbuild will take place in early October, immediately prior Pushpay's expected listing...

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