Shaw and Partners appointed Joint Lead Manager to the $20m Axsesstoday capital raising News26 Mar 2018

Shaw and Partners has been appointed Joint Lead Manager to the proposed capital raising by Axsesstoday Limited (ASX.AXL).

 

Axsesstoday is seeking to raise up to approximately $20m, via an unconditional placement of approximately 10m new ordinary fully paid shares at the price of $2.00 per security.  New shares issued under the placement will rank pari passu with existing securities.

 

The offer price represents a 3.38% discount to last close of $2.07 and a 5.73% discount to 10 day VWAP of $2.12.

 

THE OFFER IS AVAILABLE TO AUSTRALIAN SOPHISTICATED AND PROFESSIONAL INVESTORS ONLY.

 

For more information about the offer, please contact your Shaw and Partners’ Adviser.

 

About Axsesstoday Limited

Axsesstoday Limited is a specialist provider of equipment funding solutions for small to medium sized enterprises in the hospitality, transport and various other sectors. The group has continued to achieve strong growth since commencing operations in 2012 by providing a compelling and differentiated value proposition for merchants to offer equipment finance to their end customers.

 

Disclaimer: A presentation on the placement has been lodged with ASX today and is able to be downloaded from ASX’s website www.asx.com.au and the company’s website at http://axsesstodaylimited.com.au

Related Articles
News15 Oct 2018 Mark Phelps introduces AllianceBernstein Concentrated Global Growth at Shaw and Partners
Shaw and Partners had the pleasure of hosting Mark Phelps from AllianceBernstein (AB) in our offices across Australia last week.    Mark Phelps, CIO of AB Concentrated Global Gro... Read More
News11 Oct 2018 Shaw and Partners appointed Lead Manager to the Carbonxt Group capital raising
Shaw and Partners is Lead Manager to a proposed capital raising by Carbonxt (ASX:CG1).   The raising will include a placement to sophisticated and professional investors (to rais... Read More
News10 Oct 2018 Shaw and Partners appointed Co-Lead Manager to the capital raising announced by Centuria
Shaw and Partners has been appointed Co-Lead Manager to the equity capital raising announced by Centuria.   Centuria Capital (ASX.CNI) is proposing to raise $100 million at an is... Read More
News09 Oct 2018 Murray River Organics announces underwritten $30.6 million Accelerated Renounceable Entitlement Offer
Murray River Organics (ASX:MRG) has announced that it will undertake a pro-rata accelerated renounceable entitlement offer (“Entitlement Offer”) of New Shares at an Offer Price of ... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%