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PR Newswire
02-12-2017, 06:58 PM
According to the balloting results notice -
Why 11.2 times subscribed here but all the newspapers said 23.6 times?
Quote:Based on the 2,500,000 Offer Shares available to the public for subscription and/or purchase, the Public Offer was approximately 268.6 times subscribed. Excluding subscriptions for and/or purchases of 300,000 Placement Shares by Directors and their associates as further detailed below, based on the Invitation size of 65,734,500 Invitation Shares and the total remaining valid applications received amounting to 734,226,400 Invitation Shares (comprising valid applications received for 671,416,900 Offer Shares and 62,809,500 Placement Shares), the Invitation was approximately 11.2 times subscribed.
Why 11.2 times subscribed here but all the newspapers said 23.6 times?