Infratil Limited (IFUUF) has released an update.
Infratil Limited has successfully issued 98,522,168 ordinary shares as part of their previously announced Placement, with the goal of maximizing existing shareholder participation and strengthening its share register. The allocation criteria were designed to maintain shareholders’ proportional stakes and attract long-term investors, with the final decisions incorporating advice from Joint Lead Managers without significant deviations from the set objectives.
For further insights into IFUUF stock, check out TipRanks’ Stock Analysis page.
