Pacific Edge rights offer mopped up by institutions, says underwriter
Postal delays hit Pacific Edge's rights issue, which was two-thirds subscribed.
Calida Smylie Tue, 07 Jul 2015
Biomedical company Pacific Edge’s [NZX: PEB] renounceable rights offer closed two-thirds subscribed but the underwriter says the remaining shares have been mopped up by institutional investors.
Shareholders affected by a postal delay, just announced by Pacific Edge to the NZX, will still receive