Barramundi Limited/Announcement
Barramundi Limited logo

Barramundi Warrants Raise $8.6 million (BRMWD)

Operational Update28 November 2017BRMFinancials

28 November 2017



Barramundi Warrants Raise $8.6 million (BRMWD)



On 24 November 2017, Barramundi warrant holders had the right to convert their warrants into

ordinary Barramundi shares, at an exercise price of $0.58 per warrant. On the same day, Barramundi

shares were trading on-market at $0.60, a 3.4% premium to the exercise price.


14,832,269 warrants out of a possible 36,471,368 warrants (41%) were converted into Barramundi

ordinary shares.


The new shares were allotted to warrant holders on 28 November 2017. All new shares have the same

rights as current Barramundi shares, including participating in the company’s quarterly dividend

policy.


The remaining 21,639,099 warrants which were not exercised have now lapsed, and all rights in

regards to them have now expired.




/Ends


For further information please contact:

Corporate Manager

Barramundi

09 4840352

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.