Flexible Electronics News

Dyesol Share Purchase Plan Increased to $4 Million

Will provide shareholders with a more meaningful result with the monies set aside for investment

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Dyesol Share Purchase Plan (SPP), which closed on May 31, received valid applications for A$22.53 million. This represents oversubscription of approximately 10.5 times (10.5x). In response to this overwhelming demand, Dyesol and Tasnee have agreed to increase the size of the SPP to a total of $4M in order to provide shareholders with a more meaningful result with the monies set aside for investment. Accordingly, applications will be scaled back on a pro-rata basis and investors will receive ...

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