Navigator Completes AU$145 Million Entitlement Offer
Navigator Global Investments Limited (ASX: NGI) announced the successful completion of the retail component of its fully underwritten entitlement offer, raising total proceeds of approximately AU$145 million. The retail entitlement offers attracted valid applications for around 1.7 million new shares, equating to approximately AU$4.1 million and representing about 38% uptake from eligible retail shareholders. Unsubscribed shares and entitlements from ineligible shareholders, amounting to nearly 2.8 million shares worth approximately AU$6.8 million, will be allocated to sub-underwriters.
Earlier, the institutional component of the offer raised approximately AU$134 million, completing the company’s capital raising initiative. The shares offered through the retail entitlement program are expected to be allotted on 2 June 2026, while trading of these shares on the ASX is set to start from 3 June 2026. Following allotment, these shares will carry the same rights and benefits as the company’s existing fully paid ordinary shares.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Navigator Completes AU$145 Million Entitlement Offer
Navigator Global Investments Limited (ASX: NGI) announced the successful completion of the retail component of its fully underwritten entitlement offer, raising total proceeds of approximately AU$145 million. The retail entitlement offers attracted valid applications for around 1.7 million new shares, equating to approximately AU$4.1 million and representing about 38% uptake from eligible retail shareholders. Unsubscribed shares and entitlements from ineligible shareholders, amounting to nearly 2.8 million shares worth approximately AU$6.8 million, will be allocated to sub-underwriters.
Earlier, the institutional component of the offer raised approximately AU$134 million, completing the company’s capital raising initiative. The shares offered through the retail entitlement program are expected to be allotted on 2 June 2026, while trading of these shares on the ASX is set to start from 3 June 2026. Following allotment, these shares will carry the same rights and benefits as the company’s existing fully paid ordinary shares.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au