Libra Group issues 15m placement shares at $0.20 each

The company now has over 114m issued shares.

Libra Group Limited yesterday revealed that the company has completed the placement of 15,000,000 Placement Shares at an Issue Price of S$0.20 per Placement Share. 

The Placement Shares will be listed and quoted on the Official List of the Catalist of the SGX-ST and trading of the Placement Shares will commence from 9.00 a.m. on 14 October 2014. 

The Placement Shares will carry all rights similar to existing Shares except that they will not rank for any dividends, rights, allotments or other distributions, the record date for which falls on or before the Completion Date. 

Following the completion of the Placement, the total number of issued Shares of the Company has increased from 99,724,000 Shares to 114,724,000 Shares.