Shaw and Partners appointed as Lead Manager to the Capitol Health equity capital raising News16 Apr 2020

Shaw and Partners was pleased to be appointed as Lead Manager to an equity capital raising by Capitol Health (ASX: CAJ).

 

Capitol Health successfully raised up to $29.8 million by issuing approximately 186,498,879 new ordinary fully paid shares at $0.160 per security. New shares issued under the Placement will rank pari passu with existing securities.

 

In addition, Capitol Health offered all existing eligible investors the opportunity to subscribe for new shares up to a maximum of $30,000 per investor under a Security Purchase Plan (SPP). The SPP was capped at $10.0 million.

 

The offer price of $0.160 per security represented a 17.9% discount to last close of A$0.195, a 9.1% discount to 5-day VWAP of A$0.176 and a 35.6% discount to 30-day VWAP of A$0.248.

 

Capitol Health Limited is a leading provider of diagnostic imaging services to the Australian healthcare market, including MRI, Ultrasound, CT, Echocardiography, X-Ray and other related treatments. The Melbourne-based company owns and operates diagnostic imaging clinics in Victoria, Tasmania and Western Australia. Capitol Health has a highly scalable and flexible business model and has demonstrated its ability to scale organically and through acquisition. The company performs over 1.2 million procedures every year and employs approximately 800 staff and 100 radiologists across its network.

 

The offer was available to Australian resident Sophisticated and Professional Investor clients only.

Related Articles
News18 Nov 2020 Shaw and Partners raids Wilsons private wealth team
Shaw and Partners is going to need a few more desks in its Sydney office.   Street Talk understands the stockbroking and advisory firm has raided Wilsons' private wealth arm, sna... Read More
News16 Nov 2020 Shaw and Partners appointed as Joint Lead Manager to the NAB Capital Notes 5 offer
National Australia Bank Limited (NAB) today announced its intention to raise $750 million through the offer of NAB Capital Notes 5 (NCN5), with the ability to raise more or less. N... Read More
News16 Nov 2020 Liberty Financial fronts funds for $1.8b float. Shaw and Partners appointed Co-Manager to the raising.
Look what the cat dragged in!   After more than 15 years in the initial public offering pipeline - and with the market trading at 20-times forward profit and float window wide op... Read More
News13 Nov 2020 Shaw and Partners extends its sponsorship of Women's National Basketball League Adelaide Lightning
Shaw and Partners is delighted to have extended its sponsorship of Women's National Basketball League (WNBL) team Adelaide Lightning for an additional three years.  The sponsorship... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%