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The Placement will be conducted at a price of $4.65 per share, reflecting a 1.1% premium to the last traded price of $4.60 .- The Acquisitions will be partially funded by an Institutional Placement of up to $100m together with existing cash and available debt facilities.- MGH is also undertaking a Conditional Placement to certain Directors of MGH (or entities associated with them) and other Founding Shareholders and executives of MGH to raise up to a further approximately $28m.- Following completion of the Institutional Placement, the Company will also offer an underwritten SPP to eligible Australian and New Zealand shareholders to raise $10 million.
The Placement will be conducted at a price of $4.65 per share, reflecting a 1.1% premium to the last traded price of $4.60 .
- The Acquisitions will be partially funded by an Institutional Placement of up to $100m together with existing cash and available debt facilities.
- MGH is also undertaking a Conditional Placement to certain Directors of MGH (or entities associated with them) and other Founding Shareholders and executives of MGH to raise up to a further approximately $28m.
- Following completion of the Institutional Placement, the Company will also offer an underwritten SPP to eligible Australian and New Zealand shareholders to raise $10 million.
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