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SPC Global Holdings Ltd (ASX:SPG)

ALERT: Price-sensitive ASX Announcement for SPG
Current share price for SPG : $0.095 -0.01 (-9.52%)+
Announcement
Release
4 Jun 2026 10:05AM
Price at Release
$0.105
Full Release
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Summary
SPC Global Holdings Limited has completed its entitlement offer, raising approximately $97.1 million. The offer allowed eligible shareholders to acquire additional shares, resulting in the subscription of about 196.4 million new shares. The remaining shares will be sold through a Shortfall Bookbuild. The funds raised are intended to support the company's strategic business initiatives and long-term growth.
Key Points
  • SPC Global Holdings Limited completed a fully underwritten 1 for 0.1993 pro rata renounceable entitlement offer.
  • The offer was announced on 14 May 2026 and closed on 2 June 2026, raising approximately $97.1 million before costs.
  • Eligible shareholders could acquire 1 new share for every 0.1993 shares held as of 19 May 2026 at $0.10 per share.
  • Approximately 196.4 million new shares were subscribed, raising around $19.6 million.
  • The shortfall of approximately 774.5 million shares will be offered through a Shortfall Bookbuild conducted by joint lead managers.
  • Proceeds exceeding the offer price from the Shortfall Bookbuild will be distributed pro rata among relevant shareholders.
  • Settlement of the Entitlement Offer is scheduled for 9 June 2026 with new shares trading from 11 June 2026.
  • SPC Global's Managing Director stated the funds will strengthen the company for sustainable growth.
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.