PM Capital Global Opportunities Fund Ltd. (AU:PGF) has released an update.
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PM Capital Global Opportunities Fund Ltd. has opened a Share Purchase Plan (SPP) offering existing shareholders the opportunity to acquire up to $30,000 worth of new shares at a non-dilutive price of $2.19 each. The SPP aims to raise approximately $20 million, with shares issued under the SPP entitled to a final dividend for the second half of the financial year 2024. The offer, not underwritten and covered by Regal Partners in terms of costs, will close on 28 August 2024, with new shares trading expected to commence on 4 September 2024.
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