MLN SHARE ISSUE (WARRANT CONVERSION MLNWE)
SECISSUE
Wed, May 25 2022 09:42 am
25 May 2022
MARLIN GLOBAL SHARE ISSUE (WARRANT CONVERSION MLNWE)
On 20 May 2022, Marlin Global warrant holders had the option to convert their warrants into ordinary Marlin Global shares at an exercise price of $1.18 per warrant.
On the exercise date 4,817,168 warrants out of a possible 47,256,870 warrants (10%) were converted into Marlin Global ordinary shares.
The new shares were allotted to warrant holders on 25 May 2022. All new shares have the same rights as current Marlin Global shares, including participating in the company’s quarterly dividend policy.
The remaining 42,439,702 warrants which were not exercised have now lapsed, and all rights in regards to them have now expired.
The additional funds will be invested in Marlin Global’s current investment portfolio of stocks.
/Ends
Wayne Burns
Corporate Manager
Marlin Global Limited
Tel +64 9 484 0365
Announcement PDF
Markets News
Markets
Market Close
Fisher & Paykel Healthcare helps NZX up 1%
Skellerup Holdings shares rose 5.1%.
Retail
Warehouse drops guidance, loss now in scope
The retailer has raised the possibility of a full-year earnings loss.
Markets
Analysis
Xero’s Melio ‘leap of faith’
The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet.
