Ebos Group (ASX:EBO, NZE:EBO) closed its retail offer of up to AU$50 million, with new shares to be issued at NZ$36.65 per share, according to a Wednesday filing with the Australian and New Zealand bourses.
The price reflects the five-day volume-weighted average price of the company's shares on the New Zealand Stock Exchange (NZX) through the offer's close, the filing said.
The new shares are scheduled to be allotted on May 13, with trading expected to begin the same day on the NZX and on May 14, on the Australian Stock Exchange, the filing said.
Shares of the company rose 1% in Australia and nearly 2% in New Zealand in recent Wednesday trade.
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