Clime Capital Limited (AU:CAM) has released an update.
Clime Capital Limited has announced a Share Purchase Plan (SPP) offering eligible shareholders the chance to buy up to 37,000 new shares at a price of 81 cents each, cum dividend and without brokerage fees. The plan, not considered a prospectus under the Corporations Act 2001, is designed to allow shareholders to increase their investment but advises consulting a financial advisor as it does not take individual circumstances into account. Participation in the SPP carries the risk that market prices may change, with no cooling-off period available once shares are acquired.
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