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PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2020
Jun 11, 2020
65537_rns_2020-06-11_75f907a6-b1c4-40bd-b58b-f957f490364f.pdf
Capital/Financing Update
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12 June 2020
RESULTS OF ENTITLEMENT ISSUE
Predictive Discovery Limited (“Predictive” or “Company”) (ASX: PDI) is pleased to provide the results of the Entitlement Offer that closed on 9 June 2020.
| Number | Value$ | |
|---|---|---|
| Entitlement applications received | 31,110,967 | $1,555,549 |
| Additional share applications | 24,655,105 | $1,232,755 |
| Total received | 55,766,072 | $2,788,304 |
| Offer | 42,402,671 | $2,120,134 |
| Oversubscriptions received | 13,363,401 | $668,170 |
The directors are delighted with the strong show of support from shareholders.
The oversubscriptions will be determined according to the allocation policy detailed at paragraph 1.2 of the Prospectus dated 11 May 2020.
The anticipated date for allotment of shares under the Entitlement Offer is Tuesday 16 June.
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This announcement is authorised for release by Predictive Managing Director, Paul Roberts.
Enquiries to:
Ian Hobson Company Secretary Tel: +61 8 9388 8290 Email: [email protected]
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@Predictive_PDI @Predictive Discovery