Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

PPK GROUP LIMITED Capital/Financing Update 2021

Aug 12, 2021

65603_rns_2021-08-12_fe58e6e8-9d1c-4ee7-9fad-94503d363007.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [141 x 49] intentionally omitted <==

ASX ANNOUNCEMENT

FOR IMMEDIATE RELEASE TO THE MARKET

PPK GROUP LIMITED – ASX Code: PPK

13 August 2021

Li-S Energy Prospectus Closes

PPK Group Limited (ASX Code: PPK) has been advised that the closing date for the Li-S Energy Ltd initial public offering (IPO) has been brought forward to today, 13 August 2021 due to excess demand for the offer.

Executive Chairman of PPK, Robin Levison noted:

“Li-S Energy has detailed its share offering and business plan in its Prospectus to raise $34,000,000 and it is a sign of the market’s confidence that funds subscribed in such a short space of time exceeded the subscription amount.

PPK will have a 50.12% direct and indirect holding in Li-S Energy post the capital raising and looks forward to Li-S executing its business plan and accelerating its outlined business development strategy.”

This announcement has been made and authorised by the PPK Group Board.

For further information contact:

Robin Levison

Executive Chairman of PPK Group Limited On 07 3054 4500.

PPK GROUP LIMITED

ABN: 65 003 964 181

Level 27, 10 Eagle St, Brisbane QLD 4000 GPO Box 754, Brisbane Qld 4001 Tel: +61 7 3054 4500 Fax: +61 7 3054 4599