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NEXTDC Limited (ASX:NXT)

ALERT: Price-sensitive ASX Announcement for NXT
Current share price for NXT : $14.210 -0.45 (-3.07%)+
Announcement
Release
14 May 2026 8:24AM
Price at Release
$14.660
Full Release
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Summary
NEXTDC Limited announced the successful completion of its Retail Entitlement Offer, raising approximately A$480 million. This offer was part of a larger fully underwritten pro-rata accelerated non-renounceable entitlement offer to raise approximately A$1.5 billion. The retail component of the offer had a take-up rate of about 85%, with the remaining shares to be allocated to sub-underwriters. The new shares will rank equally with existing shares and are set for settlement and trading in mid-May 2026.
Key Points
  • Successful completion of Retail Entitlement Offer by NEXTDC Limited.
  • Raised approximately A$480 million from the retail component.
  • Overall Entitlement Offer aimed to raise A$1.5 billion.
  • Offer price per new share set at A$12.70.
  • 85% take-up rate from eligible retail shareholders.
  • Remaining shares to be allocated to sub-underwriters.
  • New shares to rank equally with existing shares.
  • Settlement of new shares scheduled for 15 May 2026.
  • Normal trading of new shares to commence on 19 May 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.