The offer will be in two tranches, the first being an Institutional Offer to certain eligible institutional shareholders, followed by a retail offer to other eligible shareholders. The Institutional bookbuild was completed within two days of the initial announcements on 11 October 2023.
The retail offer to eligible shareholders opened on 18 October 2023 and closes on Wednesday, 1 November 2023.
The offer to eligible Singapore depositors will close two days earlier on Monday, 30 October 2023 to allow CDP sufficient time to process applications for rights from eligible depositors and submit its application on behalf of those depositors to AVJennings’ Share Registry in Australia.