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SPC Global Holdings Ltd (ASX:SPG)

ALERT: Price-sensitive ASX Announcement for SPG
Current share price for SPG : $0.075 -0.028 (-26.83%)+
Announcement
Release
5 Jun 2026 12:23PM
Price at Release
$0.103
Full Release
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Summary
SPC Global Holdings Limited, an Australian food and beverage manufacturer, successfully completed the Shortfall Bookbuild as a component of their fully underwritten entitlement offer, part of a ~$100 million equity raising plan. This process involved offering approximately 774.5 million Shortfall Shares which, due to not clearing above the Offer Price, resulted in no proceeds being distributed for any lapsed Entitlements. Upon completion, new investors received approximately 17.4% of these shares, with the remaining 82.6% going to sub-underwriters at the Offer Price. The settlement is scheduled for 9 June 2026, with the issuance of new shares following on 10 June 2026. The funds raised will help reduce net debt and support the company's business strategy.
Key Points
  • SPC Global Holdings Limited completed the Shortfall Bookbuild for their entitlement offer.
  • A total of ~774.5 million Shortfall Shares were offered through the bookbuild process.
  • The Shortfall Bookbuild did not exceed the Offer Price, resulting in no proceeds for lapsed Entitlements.
  • Approximately 17.4% of the Shortfall Shares were allocated to new investors.
  • About 82.6% of the Shortfall Shares were allocated to sub-underwriters at the Offer Price.
  • Settlement of the Entitlement Offer will occur on 9 June 2026, with new shares to be issued on 10 June 2026.
  • The Entitlement Offer completes SPC Global’s ~$100 million equity raising initiative.
  • Funds will be used to reduce net debt and support working capital and business strategy.
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.