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Why Is ALS Offering $40 Million in Discounted Shares to Its Shareholders?
8:44am on Tuesday 3rd of June, 2025 AEST
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Why Is ALS Offering $40 Million in Discounted Shares to Its Shareholders?
8:44am on Tuesday 3rd of June, 2025 AEST
Key Points
Share Purchase Plan (SPP) opens 3 June 2025
Up to A$40 million to be raised, non-underwritten
Shares priced at A$16.70 or 2% discount to 5-day VWAP
SPP follows $350 million institutional placement
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