Nufarm (NUF) announced on the 15/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was 20/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 17/6/2009. Shares will be issued on 24/6/2009 and begin trading on 25/6/2009. A maximum of $15,000 can be purchased by each shareholder at $11.25 or a 2.5% discount to the Volume Weighted Average Price (VWAP) prior to the issue date.
Discount : 6.8% Liquidity : Good Profitability : Good Stability : Good
Tags: NUF, Nufarm, Share Purchase Plan, SPP
