Wynyard extends trading halt to Feb. 24; plans rights offer to shareholders

Mon, 22 Feb 2016

By Sophie Boot Feb. 23 (BusinessDesk) - Wynyard Group has extended its trading halt until tomorrow in order to finalise details of a planned capital raise. Trading in the company's shares was halted last Wednesday until today at Wynyard's request, when it also cancelled a planned share placement and special shareholders' meeting, due to be held last Thursday. It then said the placement was no longer viable and other capital raising options including a rights offer are being considered. This morning, Wynyard said it is considering a rig...

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