Shaw and Partners appointed Lead Manager to Synertec $8m Capital Raising News02 May 2023

Renewable energy technology business Synertec is expected to resume trading on the ASX on Wednesday morning, after stitching up an equity raising.


Synertec had Shaw and Partners and Taylor Collison chase down $8 million to help with commercial rollout, engineering and technology arms, and for general working capital.


The offer was structured as a placement and was priced at 22¢ a share, which was a 12 per cent discount to the last close.


Synertec’s existing backers include Perennial Value Management, Regal Funds Management and SG Hiscock. The business is a technology design and development growth company and has contacts with the likes of APA Group, Santos, Woodside, John Holland, Melbourne Water, CSL and CSIRO.

 

Article Source: AFR, 2 May 2023

 

 

Related Articles
News09 Jun 2025 Celebrating 10 Years of Shaw and Partners in Adelaide
Ten years ago, in June 2015, Shaw and Partners Financial Services proudly opened the doors to a modest office in Adelaide with a clear ambition—to build a strong presence in South ... Read More
News04 Jun 2025 Shaw and Partners strengthens surf sports partnership with shake up of 2025 Shaw and Partners Coolangatta Gold
After celebrating its 40th anniversary last summer, the Shaw and Partners Coolangatta Gold is set for a major shakeup in 2025.   Coolangatta Beach will once again host the Shaw a... Read More
News14 May 2025 THINK YOU KNOW GOLD? Shaw and Partners Gold Price Prediction Competition
THINK YOU KNOW GOLD? Here's your chance to win a Shaw and Partners hamper!  The Shaw and Partners Gold Price Prediction Competition is closing soon. Launched in the June Quarter ... Read More
News13 May 2025 Shaw and Partners continues to attract some of Australia’s most respected investment advisers.
Shaw and Partners Queensland State Manager Glen Gannon has welcomed Dwight Phillips, Tim Harbort and Craig Clark to the Brisbane office, a high-performing team with more than 50 ye... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%