This subscription price represents a 4.8% discount to the 5 day Volume Weighted Average Price (VWAP) ending on 13 September 2017.
The company received subscriptions for 12.5M shares from 512 shareholders. This represents participation from 17.2% of the company's issued capital and 15.5% of the shareholder base.
The Board wishes to thank all those who have elected to participate in the MNF Group DRP.
About MNF Group Ltd
MNF Group Limited (ASX:MNF) is one of Asia-Pacific’s fastest growing technology companies. Listed on the ASX since 2006, it is now capitalised at around $400M, and twice winner of the Forbes Asia-Pacific “Best under a Billion” award. Headquartered in Sydney, Australia, the company has over 350 people located across Asia-Pacific, Europe and North America. MNF develops and operates a global communications network and software suite enabling some of the world’s leading innovators to deliver new-generation communications solutions. As the world moves to IP, MNF Group is building the brands, services, network and technology to lead the way.
For further information about MNF Group Limited please visit: http://mnfgroup.limited/
Executive Assistant to CEO
MNF Group Limited