ALX – UBS rates the stock as Neutral. Read the latest Issued Capital General news from Atlas Arteria (ASX:ALX)
"We are very pleased with the significant support for the transaction. What's your opinion on the Atlas Arteria SPP? Atlas Arteria share purchase plan. May 29, 2020 - by Broker News. Past performance of any security or financial product is not a reliable indicator of future performance. Answer. Atlas Arteria (ASX:ALX) is pleased to confirm the successful completion of … Atlas Arteria Completes Security Purchase Plan. Thanks, RossInvestSMART Publishing Pty Ltd holds Australian Financial Securities Licence (AFSL) 282288.
The content of this website is general in nature and does not take the personal situation of any user of this website into consideration. Please refer to the Terms and Conditions of this website for details. Atlas Arteria (ALX, formerly Macquarie Atlas Roads) is engaged in investing in infrastructure assets in Organisation for Economic Co-operation and Development (“OECD") and OECD equivalent countries; and non-infrastructure assets where ancillary to a major infrastructure investment but with the current focus on toll road investments, both greenfield and mature. InvestSMART Publishing Pty Ltd encourages users of this website to view investing as a long-term pursuit.No credit card details required.Copyright © 2020 InvestSMART Publishing Pty Ltd (ABN 12 108 915 233). We explain how and compare the best share trading platforms. Atlas Arteria is down a slight 2.09 per cent on the market and shares are trading for $6.56 each at 2:29 pm AEST.
29 June 2020 .
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Atlas Arteria will now undertake a share purchase plan to raise an additional $75 million. Thanks, Ross. Ever wondered how to buy shares in Atlas Arteria? The share purchase plan will open on June 5, close on June 25, and shares can begin trading on the ASX on July 3. The repayment of the MIBL Facility will deliver a stronger, more resilient balance sheet and improve our flexibility to pursue future growth opportunities," CEO Graeme Bevans said.As the placement was oversubscribed, shareholders who bid for an amount either less or equal than their pro-rata amount received what they applied for.Approximately 67.7 million new fully paid shares were issued to domestic and offshore institutional investors at a price of $6.20 per share.Shares under the placement are expected to settle on June 2 and be allocated and begin trading the ASX on June 3.Atlas Arteria will now undertake a share purchase plan to raise an additional $75 million.The share purchase plan will open on June 5, close on June 25, and shares can begin trading on the ASX on July 3.Despite only being announced yesterday, toll road operator Atlas Arteria (ALX) has successfully completed a $420 million placement.This price represented a 7.5 per cent discount to the last trading price of $6.70 on May 27, and an 8.2 per cent discount to the five-day volume-weighted average price up to close on May 27, which hit $6.76.Atlas Arteria is down a slight 2.09 per cent on the market and shares are trading for $6.56 each at 2:29 pm AEST.
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