News and Announcements
Actinogen Receives Offer to Purchase All Less Than Marketable Parcels of Shares
- Published August 17, 2016 4:08PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
16th August 2016, ASX Announcement
The Board of Actinogen Medical Limited (ASX: ACW) (Actinogen or the Company) is pleased to announce that it has received an offer from an Australian financial services licensee to purchase all less than marketable parcels of shares in the Company for $0.0645 per share (Offer).
A less than “marketable parcel” (defined in the ASX Listing Rules as a parcel of shares with a market value of less than $500) will be any shareholding of 8,928 shares or less (Less than Marketable Parcel) on the record date. The record date for the purpose of establishing holders of Less Than Marketable Parcels has been set at close of trade on 15 August, 2016 (Record Date).
As at the Record Date, over 515 of the Company’s approximately 1,864 shareholders held Less Than Marketable Parcels, making up approximately 0.34% of the Company’s fully paid ordinary shares on issue.
To view the full announcement, please click on the button below.
Company Updates
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
