NEXTDC Completes AU$550 Million Equity Raise; Share Purchase Plan to Open Sept. 18

MT Newswires Live

2024-09-11

NEXTDC (ASX:NXT) completed an around AU$550 million equity raise by issuing about 32.1 million new shares in a placement transaction at AU$17.15 per share, according to a Wednesday filing with the Australian bourse.

Settlement is expected on Sept. 13 and allotment and normal trading on Sept. 16, the filing stated.

The data center's share purchase plan of up to AU$200 million opens Sept. 18 and closes Oct. 4, according to the filing.

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