BRIEF-Imbalie Beauty Says Underwriters Agreed To Rights Offer From R10 Mln To R15 Mln Upon Same Conditions In Rights Offer Circular

  • Reuters
  • Stock Market News
BRIEF-Imbalie Beauty Says Underwriters Agreed To Rights Offer From R10 Mln To R15 Mln Upon Same Conditions In Rights Offer Circular
Credit: © Reuters.

Feb 26 (Reuters) - Imbalie Beauty Ltd ILEJ.J :

* UNDERWRITERS AGREED TO FULLY UNDERWRITE RIGHTS OFFER FROM R10 MILLION TO R15 MILLION UPON SAME TERMS AND CONDITIONS AS IN RIGHTS OFFER CIRCULAR

* RIGHTS OFFER WAS FULLY UNDERWRITTEN BY BRITS ENGINEERING INDUSTRIES PROPRIETARY LTD, HOLISTICS REMEDIES PROPRIETARY LTD, SA MADIBA INVESTMENTS

* UNDERWRITERS AGREED TO UNDERWRITE ALLOTMENT AND ISSUE OF 750 MILLION NEW ORDINARY NO PAR VALUE SHARES AT SUBSCRIPTION PRICE OF 2 CENTS PER RIGHTS SHARE

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100