CEO Stephen van Coller says oversubscribed rights issue shows EOH is investable again
EOH boss Stephen van Coller is breathing a huge sigh of relief as the technology group successfully raised R600m through a rights offer that ended last week.
On Monday, the group said its rights offer — when a company offers more of its shares to existing shareholders, usually to raise extra capital — has been oversubscribed with R500m raised “despite the current tough market conditions”. Total demand, including the underwriters’ commitments, was R1.03bn...
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EOH raises R600 millionEOH receives overwhelming support in respect of the Rights Offer.
Read more »
EOH is one for the braveA meltdown in EOH's shares ahead of its rights offer clearly got many spooked. But three major fund managers are betting on a brisk recovery.
Read more »
EOH is one for the braveA meltdown in EOH's shares ahead of its rights offer clearly got many spooked. But three major fund managers are betting on a brisk recovery.
Read more »
EOH raises R600 million from shareholdersEOH has announced that its rights offer has successfully concluded, raising R500 million from shareholders to add to the R100 million it raised from Lebashe Investment Group.
Read more »
EOH is one for the braveA meltdown in EOH's shares ahead of its rights offer clearly got many spooked. But three major fund managers are betting on a brisk recovery.
Read more »
EOH is one for the braveA meltdown in EOH's shares ahead of its rights offer clearly got many spooked. But three major fund managers are betting on a brisk recovery.
Read more »