Issuer: Cannasouth Limited ("CBD")
Ticker Code: CBDRA
ISIN: NZCBDE0011S2
Details of Issue: A pro-rata renounceable rights issue of 1 new share for every 10 shares held on the Record Date.
Ratio (New : Existing): 1 : 10
Exercise Price: $0.30 per new share
Issue Price Payable: In full on application
Registrar: Link Market Services ("LNKT")
Settlement Status: NZCDC Settlement System
Key Dates
Ex Rights Date: Friday, 19 August 2022
Rights Commence Trading: Friday, 19 August 2022
Record Date: 5:00pm, Monday, 22 August 2022
Letters of Entitlement sent to Shareholders: Tuesday, 23 August 2022
Offer Opens: Tuesday, 23 August 2022
Offer Closes: 5:00pm, Wednesday, 7 September 2022
Rights Quotation Ceases: Thursday, 1 September 2022
Allotment of New Shares: Wednesday, 14 September 2022
Commencement of Trading of New
Shares: Wednesday, 14 September 2022
Mark Peterson
Chief Executive Officer
NZX Limited
12 August 2022
- L&Q Notice - Cannasouth Limited Rights ("CBDRA")
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
NZX Limited published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 13:54:08 UTC.