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Sandon Capital Investments Limited (ASX:SNC)

ALERT: Price-sensitive ASX Announcement for SNC
Current share price for SNC : $0.740 -0.03 (-3.90%)+
Announcement
Release
23 Apr 2026 2:59PM
Price at Release
$0.770
Full Release
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Summary
On 23 April 2026, Sandon Capital Investments Limited announced an institutional placement whereby it received commitments to issue 3,504,099 fully paid ordinary shares at an issue price of A$0.7625 each. This placement targets sophisticated investors and is coordinated to align with the company's share purchase plan and dividend reinvestment plan. The new placement shares will be issued simultaneously with those from the share purchase plan and will hold the same rank as existing ordinary shares.
Key Points
  • Sandon Capital Investments Limited announced receiving binding commitments for 3,504,099 fully paid ordinary shares.
  • The placement is an institutional placement to sophisticated investors.
  • The issue price is A$0.7625 per share, aligning with the share purchase plan and dividend reinvestment plan.
  • Placement shares will be issued simultaneously with shares under the share purchase plan.
  • Placement shares will rank equally with existing ordinary shares in the company.
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.