FilingReader Intelligence
Vulcan Steel raises A$87m for NZ$88m acquisition
August 25, 2025 at 09:39 PM UTC•By FilingReader AI
Vulcan Steel Limited announced an accelerated renounceable entitlement offer to raise approximately A$87.1 million (NZ$96.3 million) through issuing up to 14.6 million new shares at A$5.95 each.
The capital raise will fund the A$88 million acquisition of Roofing Industries Limited, a leading manufacturer and supplier of steel roofing and cladding in New Zealand.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
NZX:VSL•New Zealand Exchange
News Alerts
Get instant email alerts when Vulcan Steel publishes news
Free account required • Unsubscribe anytime