United Malt Group (ASX:UMG) has completed a $140 million fully underwritten institutional placement of approximately 36.8 million new fully paid ordinary shares to institutional investors.
The new shares were issued at $3.80 per share, representing an 11.4% discount to United Malt’s last traded price on Wednesday, 13 May 2020.
United Malt (ASX:UMG) resumed normal trading on the ASX today and their shares are trading 7.69 per cent lower at $3.96.
Copyright 2020 – Finance News Network
18 Sep 2019 - Centuria Property Funds, as Responsible Entity for the Centuria Metropolitan REIT (ASX:CMA), is pleased to announce the acquisition of interests in two A-grade office properties in fringe CBD locations across Sydney and Perth for a total purchase price of $380.5 million.
06 May 2020 - Mesoblast (ASX:MSB) today announced that the first patients have been dosed in the 300-patient randomized placebo-controlled Phase 2/3 trial in the United States of Mesoblast’s remestemcel-L in COVID-19 infected patients.
13 Sep 2019 - Rural Funds Management, as responsible entity for the Rural Funds Group (ASX:RFF) has today issued legal proceedings against Bonitas Research LLC and its principal, Matthew Wiechert.
06 Feb 2020 - Leading essential network services company Service Stream (ASX:SSM) today released its financial results for the half-year ended 31 December 2019, showing adjusted NPAT of $32.3 million up 28 per cent on the prior corresponding period.
25 Oct 2019 - Atomos (ASX:AMS) has signed an agreement to acquire Timecode Systems for approximately $5.68 million in cash and approximately 9.2 million shares in Atomos.
05 Feb 2020 - Janus Henderson (ASX:JHG) reported net profits of $112 million US for the three-month period, up 4.8 per cent on the same period a year ago.
