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Duxton Farms Ltd (ASX:DBF)

ALERT: Price-sensitive ASX Announcement for DBF
Current share price for DBF : $0.355 -0.073 (-16.96%)+
Announcement
Release
28 Aug 2026 3:34PM
Price at Release
$0.428
Full Release
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Summary
Duxton Farms Limited announced a pro-rata non-renounceable entitlement issue of convertible notes to raise up to approximately $9,739,054 before costs, with eligible shareholders entitled to subscribe for 1 note for every 11 shares held at an issue price of $1.00 per note. The company stated that proceeds from the offer are intended to fund capital expenditure across its operations, partially repay existing senior debt, support general working capital and cover offer costs. Eligible shareholders are those with registered addresses in Australia, New Zealand, Luxembourg, Switzerland or Singapore, and they are directed to consider the prospectus intended to be lodged with ASIC and ASX on 28 August 2026. The announcement also sets out the indicative timetable, including the exposure period ending 4 September 2026, ex date on 8 September 2026, record date on 9 September 2026, offer opening on 14 September 2026, closing date on 24 September 2026 and announcement of results and issue of securities on 1 October 2026, subject to any extension by the directors.
Key Points
  • Duxton Farms Limited announced a non-renounceable entitlement issue of convertible notes.
  • The offer aims to raise up to approximately $9,739,054 before costs.
  • Eligible shareholders can subscribe for 1 note for every 11 shares held.
  • The issue price is $1.00 per convertible note.
  • Funds will be used for capital expenditure, partial repayment of senior debt, working capital and offer costs.
  • Eligible shareholders are those with registered addresses in Australia, New Zealand, Luxembourg, Switzerland or Singapore.
  • The prospectus was intended to be lodged with ASIC and ASX on 28 August 2026.
  • The exposure period was scheduled to end on 4 September 2026.
  • The ex date was 8 September 2026 and the record date was 9 September 2026.
  • The offer was scheduled to open on 14 September 2026 and close on 24 September 2026.
  • Results of the offer and issue of securities were scheduled to be announced on 1 October 2026.
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.