Pacific Edge Closes Rights Offer

Pacific Edge Limited ("Pacific Edge") advises that it has successfully completed its underwritten 1 for 4.25 pro-rata renounceable rights issue ("Offer"). The Offer was announced on 21 November 2019 and will raise approximately NZ$20 million. The shares taken up under the Offer are expected to be allotted and commence trading on 18 December 2019. The Offer was fully underwritten by Forsyth Barr Group Limited and Jarden Partners Limited (together the "Underwriters"). In accordance with the terms of the Underwriting Agreement between Pacific Edge and the Underwriters dated 21 November 2019, the 14.99% under subscription will be taken up in full by the Underwriters and sub-underwriters. - ENDS - End CA:00345878 For:PEB Type:OFFER Time:2019-12-12 10:45:56