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ASPEN GROUP — Capital/Financing Update 2020
Jun 1, 2020
64404_rns_2020-06-01_69278259-a0ff-4045-9f3d-8dfc79d5fd13.pdf
Capital/Financing Update
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Aspen Group Limited ABN 50 004 160 927 Aspen Property Trust ARSN 104 807 767 21 Oxford Street Bondi Junction NSW 2022 Telephone: 02 9151 7500 Email: [email protected]
ASX ANNOUNCEMENT 2 June 2020
Aspen Group
Opening of Securityholder Purchase Plan
Aspen Group (which comprises Aspen Group Limited and Aspen Property Trust) (ASX: APZ) (“ Aspen ”) is pleased to announce that its Securityholder Purchase Plan (“ SPP ”) offer booklet will be distributed to eligible securityholders on 5 June 2020. The offer will be open from this date and close on 24 June 2020.
Eligible securityholders can acquire up to $30,000 worth of new securities at a fixed price of $1.00 per security. If the total value of applications exceeds $3 million, Aspen may scale back applications or increase the total amount to be raised under the SPP. The securities will rank equally with existing APZ securities and will be entitled to the distribution for the half year ending 30 June 2020. The SPP is not underwritten.
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Announcement authorised by Joint CEO, David Dixon.
For further information, please contact: David Dixon John Carter Joint Chief Executive Officer Joint Chief Executive Officer Phone: (+61) 2 9151 7584 Phone: (+61) 2 9151 7586 Email: [email protected] Email: [email protected] For media enquiries, please contact: Lucy Horan Head of Marketing & Sales Phone: (+61) 2 9151 7545 Email: [email protected]