UXC Limited (UXC) announced on the 29/4/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is 6/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 26/5/2009. Shares are expected to be issued on 5/6/2009 and begin trading on 10/6/2009. A maximum of $10,000 can be purchased by each shareholder at $0.42. The offer is underwritten up to $4 million.
Discount : 11.6% Liquidity : Ok Profitability : Good Stability : Ok
Tags: Share Purchase Plan, SPP, UXC, UXC Limited
