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KMD Brands Limited (ASX:KMD)

ALERT: Price-sensitive ASX Announcement for KMD
Current share price for KMD : $1.560 1.506 (2,788.89%)+
Announcement
Release
22 Apr 2026 8:43AM
Price at Release
$0.054
Full Release
download
Summary
KMD Brands Limited successfully completed the retail shortfall bookbuild for its entitlement offer, raising about $65.3 million in total. This capital will be used to reduce the company's net debt and support the execution of KMD's strategic initiatives. A total of 126.4 million new shares were issued as part of the bookbuild, and these shares are scheduled to commence trading on the NZX and ASX at the end of April 2026. The announcement was authorized for release by Frances Blundell, the Chief Legal & ESG Officer and Company Secretary.
Key Points
  • KMD Brands completed a retail shortfall bookbuild.
  • The offer raised approximately $65.3 million in total.
  • Proceeds will reduce debt and support strategic goals.
  • 126.4 million new shares were issued in the bookbuild.
  • The new shares will commence trading on NZX and ASX.
  • Frances Blundell authorized the announcement release.
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.