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Pacific Edge Limited (ASX:PEB)

ALERT: Price-sensitive ASX Announcement for PEB
Current share price for PEB : $0.205 -0.005 (-2.38%)+
Announcement
Release
25 May 2026 8:26AM
Price at Release
$0.210
Full Release
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Summary
Pacific Edge Limited announced that its Retail Offer, aimed at raising up to NZ$6 million, will close on 28 May 2026. The offer, open to eligible shareholders listed on 8 May 2026, has already received applications totaling $14 million, indicating a likely need for scaling due to oversubscription. Eligible shareholders can subscribe for up to NZ$50,000 of new shares, and any scaling will be based on the number of shares held on the record date. The company plans to use its placement capacity to minimize scaling, but further scaling may be necessary due to NZX Listing Rules. Pacific Edge will announce the results of the Retail Offer in the week beginning 1 June 2026.
Key Points
  • Retail Offer to close on 28 May 2026.
  • Pacific Edge has received applications for $14 million under the Retail Offer.
  • Scaling of applications may be required due to oversubscription.
  • Eligible Shareholders can subscribe for up to NZ$50,000 of new shares.
  • Board considers scaling likely based on current acceptances.
  • Further scaling may be needed due to NZX Listing Rules.
  • Pacific Edge aims to minimize scaling through placement capacity.
  • Results of the Retail Offer to be released the week of 1 June 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.