Energy One Limited (AU:EOL) has released an update.
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Energy One Limited has announced an equity capital raising initiative for May 2024, targeting eligible shareholders in Australia and New Zealand with an underwritten, non-renounceable entitlement offer of new ordinary shares. This offer does not constitute a public offering document and will not be lodged with any regulatory authority, but will be detailed in an upcoming offer booklet available on the ASX website. The distribution of the new shares will adhere to specific eligibility criteria and will not be offered broadly outside of Australia and New Zealand due to legal restrictions.
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