What did Stride Property Limited announce?

Stride Property Limited (NZX: SPG) filed “New Office Fund – PDS Lodged” with NZX on 12 September 2021, as a capital raise announcement.

When was it filed?
12 September 2021
Where is the original?
NZX announcement
Stride Property Limited logo

New Office Fund – PDS Lodged

Capital Raise12 September 2021SPGReal Estate

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Percentage of

ownership

Indicative Price Range $1.20 - $1.30

Number of Offer Shares 192.3m – 241.7m 42.0% - 50.6%

Number of Shares distributed by SPL to Stride

shareholders

118.3m 24.8% - 25.8%

Number of Shares held by SPL following the Offer 117.3m – 147.3m 24.6% - 32.2%

Total number of Shares following the Offer (Note 1) 457.9m - 477.3m 100%

Total Offer size (gross proceeds of the Offer) $250m - $290m

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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.