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Comvita Secures NZ$30 Million Rights Offer with Fraser and Neave as Strategic Investor
7:18am on Wednesday 15th of April, 2026 AEST
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Comvita Secures NZ$30 Million Rights Offer with Fraser and Neave as Strategic Investor
7:18am on Wednesday 15th of April, 2026 AEST
Key Points
NZ$30 million Rights Offer priced at NZ$0.65 per share
Fraser and Neave to acquire up to 19.99% post-raise stake
Capital proceeds to repay bank debt and enable refinancing
New facilities include NZ$20 million working capital and NZ$30 million core debt
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