tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Elanor Investors Lifts Equity Raising Size and Delays Issue Timetable

Story Highlights
  • Elanor Investors Group increased its planned stapled securities issue to 141.3 million, keeping 30 million warrants unchanged.
  • The group delayed securityholder approval and issue dates to early and late 2026, with FIRB approval confirmed unnecessary.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Elanor Investors Lifts Equity Raising Size and Delays Issue Timetable

Claim 70% Off TipRanks Premium

Elanor Investors Group ( (AU:ENN) ) has provided an update.

Elanor Investors Group has updated its proposed capital raising, increasing the number of fully paid stapled securities to be issued to 141,281,733, while keeping the planned 30,000,000 warrants unchanged, lifting the estimated consideration to A$48.0 million from A$45.1 million. The group has also pushed back its indicative timetable, with securityholder approval now expected on 10 February 2026 and the proposed issue date on 31 March 2026, and confirmed that Foreign Investment Review Board approval is not required, clarifying the regulatory path for the transaction and its funding plans.

More about Elanor Investors Group

Elanor Investors Group, listed on the ASX under the code ENN, is an Australian investment manager structured as a stapled entity comprising Elanor Investors Limited and Elanor Investment Fund, focusing on listed investment and funds management activities for its securityholders.

Technical Sentiment Signal: Sell

Current Market Cap: A$121.7M

See more insights into ENN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1