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KMD Brands Limited (ASX:KMD)

ALERT: Price-sensitive ASX Announcement for KMD
Current share price for KMD : $0.060 0.006 (11.11%)+
Announcement
Release
21 Apr 2026 7:30AM
Price at Release
$0.054
Full Release
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Summary
KMD Brands Limited announced the completion of its Retail Entitlement Offer, raising approximately $11.0 million through the subscription of around 182.6 million new shares at NZ$0.06 per share. This represents part of a broader $58.5 million fully underwritten entitlement offer. The offer saw a 52% participation rate among eligible retail shareholders, who also applied for an additional $4.5 million of new shares. The remaining 169.3 million entitlements, not taken up by eligible shareholders, are being offered in the Retail Shortfall Bookbuild, conducted while KMD's ordinary shares were in a trading halt. Any premium from this bookbuild above the offer price will be distributed to shareholders by May 5, 2026.
Key Points
  • KMD Brands Limited successfully completed a Retail Entitlement Offer.
  • The offer is part of a $58.5 million fully underwritten entitlement offer.
  • Eligible retail shareholders subscribed for approximately 182.6 million new shares.
  • The offer raised approximately $11.0 million at an offer price of NZ$0.06 per share.
  • Participation rate was approximately 52% of available entitlements.
  • Additional applications for $4.5 million of new shares were received.
  • 169.3 million new shares are offered in the Retail Shortfall Bookbuild.
  • KMD's existing ordinary shares were placed in a trading halt during the bookbuild.
  • Any premium from the bookbuild above the offer price will be paid to shareholders.
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.