22/08/2014 - 13:19

Katana placement raises $7.8m

22/08/2014 - 13:19

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Investment company Katana Capital has raised $7.8 million through the issue of 8.4 million shares to sophisticated and professional investors at an issue price of 93 cents per share.

Katana placement raises $7.8m

Investment company Katana Capital has raised $7.8 million through the issue of 8.4 million shares to sophisticated and professional investors at an issue price of 93 cents per share.

“We are pleased to be increasing our funds under management at a time when we are seeing a large number of high profile IPOs come to market presenting a very fertile investment environment for the fund manager,” Katana chairman Dalton Gooding said.

Mr Gooding welcomed the new shareholders to the company and thanked all in the intermediaries who participated in the placement.

Katana’s shares rose by 1.5 per cent to $1 per share at 1:15pm. 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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