Spotless Group (SPT) announced on the 2/9/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 28/8/2009 on which shareholders must own the share to participate in the SPP. The closing date is the 17/9/2009. Shares will be issued on 28/9/2009 and begin trading on 30/9/2009. A maximum of $15,000 can be purchased by each shareholder at $3.16 or a 2.5% discount to the volume weighted average price (VWAP).
Discount : 2.5% Liquidity : Good Profitability : Good Stability : Good
* Note: Discount is based on the closing price on the 2 September 2009.
Tags: Share Purchase Plan, Spotless Group, SPP, SPT
