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SeaDragon requests trading halt on NZX
SeaDragon requests trading halt on NZX
Australasia’s largest refiner and blender of high-quality, internationally-certified concentrated fish derived health supplements SeaDragon Limited (NZX:SEA) announces it has commenced a capital raising initiative primarily to fund its planned refined fish oil plant in Richmond, southwest of Nelson.
SEA has requested NZX to
place its shares on a trading halt until the completion of a
book-build process among Eligible Investors. The book-build
is due to be undertaken on Monday 25 November 2013.
SeaDragon will be placed into a trading halt from market
open Monday 25 November until the earlier of:
· the
release of an announcement to the market by SeaDragon
regarding the outcome of the book-build; and
· market
open Tuesday 26 November.
The trading halt will ensure all shareholders are equally informed of SeaDragon’s capital structure post the share placement.
A presentation to be made to Eligible Investors during the book-build process is available here or on the NZX.
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