Comvita completes first stage of renounceable rights offer
Comvita Limited has completed stage one of its 1 for 5 renounceable rights offer with shareholders exercising 5.6 million rights.
The 1.3 million rights not exercised or renounced by existing holders will now be offered to New Zealand Market Participant Firms and Institutional investors via a Shortfall Bookbuild process.
This will be conducted by Deutsche Craigs Limited between 2.00pm and 4.00pm today, Tuesday 16 December 2014.