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Wagners Raises $30M to Expand Concrete and Composite Fibre Capacity

10:23am on Monday 8th of September, 2025 AEST Construction Materials
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Wagners Raises $30M to Expand Concrete and Composite Fibre Capacity

10:23am on Monday 8th of September, 2025 AEST
Key Points
  • Placement of 11.54 million shares at $2.60 each
  • Funds to expand concrete plants in South-East Queensland
  • Increase manufacturing capacity for composite electrical poles
  • Placement priced at a slight discount to last close but premium to 15-day VWAP
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