By Laura Lutz
Washington, Nov. 28 - Style Ltd. raised A$1.3 million from a private placement of shares.
The company sold 4 million shares at A$0.325 each.
The deal, which priced on Oct. 23, was approved by shareholders at an annual general meeting on Nov. 27.
Based in South Perth, Australia, Style sells products made from bamboo and other renewable resources.
| Issuer: | Style Ltd.
|
| Issue: | Shares
|
| Amount: | A$1.3 million
|
| Shares: | 4 million
|
| Price: | A$0.325
|
| Warrants: | No
|
| Pricing date: | Oct. 23
|
| Settlement date: | Nov. 28
|
| Stock symbol: | Australia: SYP
|
| Stock price: | A$0.395 at close Nov. 28
|
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