PM Capital Global Opportunities Fund Ltd. (AU:PGF) has released an update.
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PM Capital Global Opportunities Fund Ltd. has completed a highly successful and oversubscribed $135 million placement, with strong demand leading to an early closure and upsizing of the offer. The funds will follow the existing investment strategy and new shares will be available for trading on August 8, 2024, with eligibility for the anticipated full-year dividend. Additionally, a Share Purchase Plan targeting $20 million opens on August 9, 2024, offering existing shareholders the chance to purchase new shares at the same price as the placement.
For further insights into AU:PGF stock, check out TipRanks’ Stock Analysis page.