Shaw and Partners appointed as Sole Lead Manager to the proposed capital raising by Wisr Limited. News14 Jan 2020

Shaw and Partners is pleased to be appointed as Sole Lead Manager to the proposed capital raising by Wisr Limited (ASX.WZR).

 

The Company is proposing to raise up to approximately $30m, via a Placement and Share Purchase Plan (SPP) of up to approximately 162.2m new ordinary fully paid shares at $0.185 per security.

 

The offer price of $0.185 per security represents a 21.3% discount to last close of $0.235 and a 15.9% discount to 5-day VWAP of A$0.220.

 

The offer is available to Australian Sophisticated and Professional Investors only.

 

For more information please contact your Shaw and Partners Adviser.

 

About Wisr

Wisr Limited is a leading Australian fintech and neo-lender with a commitment to financial wellness. Wisr provides personal loans to Australians with a focus on prime and superprime customers. Wisr provides a unique financial wellness eco-system underpinned by consumer finance products, the Wisr App to help Australians pay down debt, WisrCredit.com.au the country’s only credit score comparison service, combined with content and other products that use technology to provide better outcomes for borrowers, investors and everyday Australians.

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