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Contact Energy Limited (ASX:CEN)

ALERT: Price-sensitive ASX Announcement for CEN
Current share price for CEN : $7.280 -1.03 (-12.39%)+
Announcement
Release
17 Feb 2026 9:00AM
Price at Release
$8.310
Full Release
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Summary
Contact Energy Limited successfully completed a NZ$450 million placement as part of a NZ$525 million equity raise. This placement received strong support from existing shareholders and new international investors. Eligible shareholders received allocations at least equal to their pro-rata entitlements. Settlement of the placement is anticipated for 20 February 2026 on NZX and 19 February 2026 on ASX. A retail offer for up to NZ$75 million will also be conducted.
Key Points
  • Contact Energy Limited (CEN) completed a NZ$450 million placement.
  • The placement was part of a larger NZ$525 million equity raise.
  • The placement was strongly supported by existing and new international institutional investors.
  • Eligible shareholders were allocated shares in line with their pro-rata entitlements.
  • Settlement for the placement is scheduled for 20 February 2026 on NZX and 19 February 2026 on ASX.
  • A non-underwritten retail offer to raise up to NZ$75 million will follow.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.