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Navigator Global Investments Limited (ASX:NGI)

ALERT: Price-sensitive ASX Announcement for NGI
Current share price for NGI : $2.360 -0.16 (-6.35%)+
Announcement
Release
29 May 2026 9:26AM
Price at Release
$2.520
Full Release
download
Summary
Navigator Global Investments Limited announced the successful completion of their retail entitlement offer, which was part of a broader A$145 million entitlement offer. The retail component raised approximately A$4.1 million and saw a 38% take-up rate among eligible retail shareholders. Unsold entitlements were allocated to sub-underwriters. The offer was conducted at A$2.40 per share, and the new shares are set to begin trading on the ASX on 3 June 2026.
Key Points
  • Navigator Global Investments Limited completed a retail entitlement offer.
  • The retail entitlement offer raised approximately A$4.1 million through valid applications from eligible retail shareholders.
  • The entitlement offer was part of a larger A$145 million entitlement offer, including an institutional component.
  • Approximately 38% of retail shareholders' entitlements were taken up.
  • Unsold entitlements were allotted to sub-underwriters.
  • New shares from the offer are expected to trade on ASX on 3 June 2026.
  • The entitlement offer was conducted at A$2.40 per share.
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.