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Vonex Appoints New CEO, Raises $13.9M, and Secures Debt Refinancing

4:45am on Monday 2nd of June, 2025 AEST Telecommunications
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Vonex Appoints New CEO, Raises $13.9M, and Secures Debt Refinancing

4:45am on Monday 2nd of June, 2025 AEST
Key Points
  • Michael Blake appointed as Vonex CEO
  • Completed fully underwritten 1-for-1 entitlement offer raising $13.89 million
  • Used proceeds primarily to repay $13 million of existing debt
  • Refinanced remaining $10 million debt with Westpac on improved terms
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