A2 Milk placed $40m of new shares at 68 cents each
A2 Milk has placed $40 million of new shares at 68c each to help fund its accelerating infant formula sales.
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A2 Milk [NZX: ATM] was able to place $40 million of new shares at 68c each, a cent above the floor price announced yesterday, and the company says the offer was oversubscribed at that price.
That means the up to $3 million share purchase plan for retail investors will also be priced at 68c.
“We
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Jenny Ruth
Fri, 09 Oct 2015
Fri, 09 Oct 2015
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A2 Milk placed $40m of new shares at 68 cents each
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