ASPEN Group has successfully completed the retail component of its 1 for 1 accelerated pro-rata non-renounceable entitlement offer at a price of $0.17 per new security.
This follows an institutional component of the offer which raised approximately $A59 million. The combined proceeds of the entitlement offer has raised approximately $A101.4 million for Aspen.
New securities issued under the entitlement offer will rank equally with existing securities on issue and will be eligible for the forecast 1H13 distribution of 0.75 cents per security.
Property Review
