Energy One Launches Entitlement Offer to Raise Funds
Company Announcements

Energy One Launches Entitlement Offer to Raise Funds

Energy One Limited (AU:EOL) has released an update.

Energy One Limited has announced a non-renounceable entitlement offer aiming to raise approximately $4.3 million by offering new shares at $4.05 each. Shareholders from Australia or New Zealand as of 30 May 2024 are eligible to subscribe for one new share for every 28 shares they hold, with the deadline for acceptance being 14 June 2024. The offer is fully underwritten by Unified Capital Partners Pty Ltd, with arrangements for any unsubscribed shares.

For further insights into AU:EOL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskEnergy One Limited Announces 2024 AGM
TipRanks Australian Auto-Generated NewsdeskEnergy One Ensures Strong Corporate Governance
TipRanks Australian Auto-Generated NewsdeskEnergy One Limited Set to Expand Shares
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