Just Life Group Limited (NZX: JLG) is pleased to announce that its renounceable rights offer closed on the 21st of May 2021 with strong shareholder support. Approximately 5.9 million new shares were taken up under the offer, representing approximately 90% of the new shares available under the rights offer.
Just Life expects that the new shares taken up under the rights offer will be allotted and begin trading on NZX on the 27th of May 2021. Just Life will receive gross proceeds of approximately $4.1 million from the rights offer.
For further information, contact:
Tony Falkenstein
CEO
E: [email protected]
M: +64 21 950 856
The S&P/NZX 50 Index closed at 12,530.99, up 105.4 points or 0.85%.
The CMA said it has received written assurances from the parties.
The Warehouse had confirmed a buyout proposal had been lodged.
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