Clime Capital Limited (ASX:CAM) has successfully completed its share purchase plan (SPP) with the issuance of 5,302,428 New Shares, raising approximately $4.3 million. The SPP, which closed on Monday, 7 October 2024, allowed eligible shareholders to acquire up to $30,000 worth of New Shares at a fixed price of 81 cents per share.
The proceeds of the SPP will be invested in accordance with the Company's investment strategy to achieve above market returns and fully franked dividend yields higher than can be achieved by investing in the broader ASX or an associated index. The Board expresses gratitude to all shareholders who participated in the SPP for their continued support of the Company.
Clime Capital Limited (ASX:CAM) has successfully completed its share purchase plan, issuing 5,302,428 New Shares and raising approximately $4.3 million. The New Shares, with a fixed price of 81 cents per share, will commence trading on the ASX on Monday, 14 October 2024, and will rank equally with existing shares. Shareholders who participated in the SPP will receive the September quarter fully franked dividend of 1.35 cents per share. The proceeds from the SPP will be invested in line with the Company's investment strategy to deliver above market returns and fully franked dividend yields. The Board extends its thanks to all participating shareholders for their ongoing support.