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Barramundi Group corrects subsequent offering subscription rights

September 8, 2025 at 02:02 PM UTCBy FilingReader AI

Barramundi Group Ltd. announced a correction to its subsequent offering, initially detailed on 5 September 2025. The revised announcement rectifies an error in Clause (f) concerning the number of subscription rights per existing share and incorporates further information in Clause (e). The company will proactively contact shareholders who have previously engaged with them regarding this matter.

The subsequent offering, comprising up to 45,476,503 new ordinary shares, targets eligible remaining shareholders. Under the corrected terms, each eligible remaining shareholder will now have the right to subscribe for 3.34488 offer shares for each ordinary share held on the record date of 1 September 2025, rounded down to the nearest whole share. The subscription period commenced on 5 September 2025 at 09:00 CEST and concludes on 12 September 2025 at 16:30 CEST. The subscription price remains SGD 0.0289.

Shareholders who were not previously invited to participate in the private placement will receive priority in the allocation of offer shares. Correctly completed subscription forms must be submitted via email to investors@barramundi.com by the deadline. Allotment and issuance of the offer shares are expected around 23 September 2025, with trading on Euronext commencing approximately 29 September 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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