Barramundi Warrants Raise $8.6 million (BRMWD)
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.