Share Purchase Plan
Sydney, Oct 19, 2018 AEST (ABN Newswire) - The Board of Australian communications specialist MNF Group (
ASX:MNF) is delighted to offer shareholders the opportunity to purchase up to $15,000 in MNF shares under a Share Purchase Plan (SPP).
The SPP is available to shareholders who are on the MNF share register at close of business on 18 October 2018 and who have a registered address in Australia or New Zealand (Eligible Shareholders).
Eligible Shareholders will have the opportunity to purchase shares in MNF at $4.40 per share, representing a 3.3% discount on the prior 5 day volume weighted average price (VWAP) which is $4.55.
Funds raised from the Share Purchase Plan will be used to reduce debt and for the company's working capital.
The SPP offer will open on Thursday, the 25th of October 2018 and will close on Thursday, the 8th of November 2018.
The SPP Offer Booklet and application form will be lodged with the ASX and sent to all Eligible Shareholders on 25 October 2018.
This SPP is not underwritten and there will be no further placement of shares at this time.
About Symbio Holdings Limited
Symbio Holdings Limited (ASX:SYM) is a software company changing the way the world communicates.
Symbio's technology replaces old-fashioned telecom networks with software, making it faster and easier to deliver modern cloud-based communication services, unlocking endless new applications for calling, messaging and phone numbers.
Symbio is the backbone for the global cloud communication industry. Over 500 service providers - from telecom start-ups to the world's biggest software companies - rely on Symbio for the connectivity, quality and expertise they need to solve complex communication challenges.
Headquartered in Sydney, Symbio powers billions of calls and messages each year, owns networks in three countries and employs over 450 staff worldwide.
For more information about Symbio visit www.symbio.global
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