Integrated Payment Technologies Limited (ASX:IP1) (InPayTech) is pleased to announce the completion of the institutional component (Institutional Entitlement Offer) announced on Wednesday, 10 April 2019.
The Institutional Entitlement Offer raised a total of approximately A$0.770 million through the issue of approximately 77 million new shares at A$0.01 per new share (Offer Price), which reflects 100% of shares offered under the Institutional Entitlement Offer.
New shares issued under the Institutional Entitlement Offer will rank equally with existing shares and are expected to be issued on Thursday, 18 April 2019. Trading will commence on the Australian Securities Exchange (ASX) on the same day.
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