Accent Group (ASX:AX1) completed the issue of shares as part of its partnership with Frasers Group to launch and operate the Sports Direct business in Australia and New Zealand, according to a Tuesday filing with the Australian bourse.
The company issued 35.2 million shares to Frasers at AU$1.718 apiece, the filing said. Frasers also bought additional Accent shares on the market, increasing its shareholding in the company to 19.9% from 19.57%.
The company will use the subscription proceeds of AU$60.4 million from the share issue to fund the initial launch of its Sports Direct business in ANZ, according to the filing.
Accent Group shares rose past 3% in morning trade Tuesday.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。