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SPC Global Holdings Ltd (ASX:SPG)

ALERT: Price-sensitive ASX Announcement for SPG
Current share price for SPG : $0.078 -0.027 (-25.71%)+
Announcement
Release
22 May 2026 9:04AM
Price at Release
$0.105
Full Release
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Summary
SPC Global Holdings Ltd (ASX: SPG), an Australian food and beverage manufacturer, announced a fully underwritten pro rata renounceable entitlement offer to raise approximately A$97.1 million. Eligible shareholders can subscribe for one new share for every 0.1993 shares held at an offer price of A$0.10 per new share. The offer, part of a larger placement effort to raise A$2.9 million, aims to reduce net debt and cover working capital and offer costs. The entitlement offer is open to shareholders in Australia and New Zealand and certain other jurisdictions, while excluding the United States. The entitlement offer opens on 22 May 2026 and closes on 2 June 2026, with trading of entitlements on ASX permitted until 26 May 2026. SPC Global aims to further expand its product offerings and market reach through this capital raising initiative.
Key Points
  • SPC Global Holdings Ltd announced a fully underwritten entitlement offer.
  • The offer aims to raise approximately A$97.1 million.
  • Eligible shareholders can subscribe for one new share for every 0.1993 shares held.
  • Offer price set at A$0.10 per new share.
  • The offer includes a placement to raise an additional A$2.9 million.
  • Funds will be used to reduce net debt and cover working capital and offer costs.
  • Entitlement trading on ASX allowed until 26 May 2026.
  • The offer is open to shareholders in Australia, New Zealand, and select other jurisdictions.
  • Excludes distribution in the United States.
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.