A$5.6m Share Placement & A$1.5m Share Purchase Plan

November 2015

On 18 November 2015, Norwood announced a $7.1m Capital Raising comprising a $5.6m Placement and $1.5m Share Purchase Plan, both at an issue price of $0.08 per share.

Both the Placement and Share Purchase Plan were oversubscribed and completed in December 2015.

Azure was appointed as joint-lead manager to the Placement and sole lead manager to the Share Purchase Plan.