News and Announcements
Prescient Therapeutics Share Purchase Plan Results
- Published November 18, 2015 3:48PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
18th November 2015, ASX Announcement
Cancer drug development Prescient Therapeutics Limited (ASX: PTX) has closed its Share Purchase Plan, with strong demand from existing and new investors.
Investors have subscribed for $1,201,500 in new shares, with the price per share to be based on a 20% discount to the 5 day volume weighted average price (VWAP) before the issue date of 23 November 2015.
A final price will be announced on the date of issue of the SPP shares.
PTX advises that the Company is only permitted to accept a maximum of 30% of its current issued capital. In the event that a scale back is required, applications are new shares will be scaled back proportionately
To read the full announcement, please click here.