Mariner Bridge Investments Limited (Mariner Bridge) advises that it has successfully completed its $74.1 million fully underwritten two for seven non-renounceable Rights Issue.
The Rights Issue closed on 5 June 2007 with Mariner Bridge having received applications, inclusive of oversubscription applications, for 112% of the 37,074,318 ordinary shares that were offered.
Shareholders who have applied for oversubscription allocations will receive approximately 45% of their oversubscription allocation, up to a maximum of 100,000 shares, in addition to the full entitlement of their rights.
Trading on the ASX of New Shares issued under the Rights Issue commenced on a deferred settlement basis on Wednesday 6 June 2007. New Shares will be allotted on Thursday 14 June 2007 and holding statements will be dispatched on that date.
Mariner Bridge is an investor in structured finance transactions in the core asset classes of property, fixed income, leasing and infrastructure. Its objective is to build a diversified portfolio of investments that delivers high returns to shareholders.
Karen McGregor
Chief Financial Officer
Mariner Bridge Investments Limited
Tel: 61 2 8001 5700 |
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