Conico Ltd extends pro-rata rights offer

Conico Ltd (ASX: $CNJ) has announced the extension of the closing date for its current Pro-Rata Non-Renounceable Rights Offer (Rights Offer) by 5 business days until 5pm AWST on Friday 17th of May 2024. The extension is subject to the directors' right to change the dates and/or close the Rights Offer early.

Director's commentary on rights offer extension

The company has resolved to extend the closing date for the Rights Offer, providing shareholders with additional time to participate. We believe this extension will allow more investors to consider and take advantage of the opportunity presented by the Rights Offer.

Summary of Conico's rights offer extension

Conico Ltd (ASX: $CNJ) has extended the closing date for its Pro-Rata Non-Renounceable Rights Offer by 5 business days. The decision aims to provide shareholders with more time to consider and participate in the offer. The company remains open to potential changes in the offer's timeline and emphasizes the opportunity for investors to engage with the extended Rights Offer.