By Laura Lutz
Des Moines, March 16 - Chandler Macleod Ltd. arranged a private placement of shares for A$12 million.
The company plans to sell 12 million ordinary shares at A$1.00 each. The share price is equal to the closing price of the company's shares on March 15.
Proceeds will be used for future growth opportunities.
Settlement is expected on March 21.
Based in Sydney, Australia, Chandler Macleod is a human resources outsourcing and recruitment company.
Issuer: | Chandler Macleod Ltd.
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Issue: | Shares
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Amount: | A$12 million
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Shares: | 12 million
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Price: | A$1.00
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Pricing date: | March 16
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Settlement date: | March 21
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Stock symbol: | Australia: CHD
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Stock price: | A$1.005 at close March 16
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