Equity Trustees Limited (EQT), as Responsible Entity of the Regal Investment Fund (RF1 or the Fund), has announced to the ASX it is conducting a placement of new units to wholesale investors and an accelerated non-renounceable entitlement offer to eligible existing unitholders of RF1.
Eligible existing unitholders of RF1 will be offered the opportunity to apply for 1 new unit in RF1 for every 3 units they hold on the Record Date (Entitlement Offer), at an Offer Price of $3.79 per unit.
The Offer Price represents a discount of 15.2% to the closing ASX price of RF1 of $4.47 on 5 October 2021 and is equal to the Net Asset Value (NAV) of the Fund as at 1 October 2021. The Entitlement Offer is comprised of an Accelerated Institutional Entitlement Offer and a General Entitlement Offer. EQT will also be conducting a placement of new units to wholesale investors at the Offer Price of $3.79 (Placement).
Please visit the page for the Regal Investment Fund (ASX:RF1)
for further information regarding both the Entitlement Offer and the Placement.
Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the Regal Investment Fund. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).
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