Share Purchase Plan
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 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 $320M, and twice winner of the Forbes Asia-Pacific "Best under a Billion" award. Headquartered in Sydney, Australia, the company has over 500 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/
MNF Group Ltd