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  1. #221
    ... have power to make you great
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    Just Life Group Limited

    Announcement

    as at 08:30:09, Tuesday 25 May, 2021 (NZT)

    ADMIN: JLG: Just Life Group - Completion of Rights Offer

    JLG
    25/05/2021 08:30
    ADMIN
    PRICE SENSITIVE
    REL: 0830 HRS Just Life Group Limited

    ADMIN: JLG: Just Life Group - Completion of Rights Offer

    Just Life Group Limited (NZX: JLG) is pleased to announce that its
    renounceable rights offer closed on the 21st of May 2021 with strong
    shareholder support. Approximately 5.9 million new shares were taken up under
    the offer, representing approximately 90% of the new shares available under
    the rights offer.

    Just Life expects that the new shares taken up under the rights offer will be
    allotted and begin trading on NZX on the 27th of May 2021. Just Life will
    receive gross proceeds of approximately $4.1 million from the rights offer.

    For further information, contact:

    Tony Falkenstein
    CEO
    E: TonyF@justlife.co.nz
    M: +64 21 950 856
    End CA:00372735 For:JLG Type:ADMIN Time:2021-05-25 08:30:11



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  2. #222
    Legend Balance's Avatar
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    Quote Originally Posted by Habits View Post
    Just Life Group Limited

    Announcement

    as at 08:30:09, Tuesday 25 May, 2021 (NZT)

    ADMIN: JLG: Just Life Group - Completion of Rights Offer

    Just Life Group Limited (NZX: JLG) is pleased to announce that its
    renounceable rights offer closed on the 21st of May 2021 with strong
    shareholder support. Approximately 5.9 million new shares were taken up under
    the offer, representing approximately 90% of the new shares available under
    the rights offer.
    Intriguing why anyone with shares in JLG would pass on the opportunity to make quick 20% via the rights issue - but Falkenstein will bet happy as his %tage stake has just increased.

  3. #223
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    Quote Originally Posted by Balance View Post
    Intriguing why anyone with shares in JLG would pass on the opportunity to make quick 20% via the rights issue - but Falkenstein will bet happy as his %tage stake has just increased.
    Max 90 grand profit across 450k new shares... could be a lot with small holdings. Divide by 14 @ 70cents each new share. Someone with 1000 shares would have got another 70 approx worth 50 bucks

  4. #224
    percy
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  5. #225
    percy
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  6. #226
    Advanced Member
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    mmm, Prostrate Power Flow eh?

    Watch out PEB!

  7. #227
    percy
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    Another good bolt on acqusition.
    https://www.nzx.com/announcements/396998

  8. #228
    ... have power to make you great
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    Just Life Group have written down the value of The Cylinder Guy... I was going to get them to replace my hwc but they did not show up to quote and proved hard to call. That job could really have made a big difference to their bottom line

  9. #229
    percy
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    Quote Originally Posted by Habits View Post
    Just Life Group have written down the value of The Cylinder Guy... I was going to get them to replace my hwc but they did not show up to quote and proved hard to call. That job could really have made a big difference to their bottom line
    Not a good advert for them.

  10. #230
    percy
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    A tough year,however JLG have come through it in good shape,and remain "well positioned"..

    "We believe the current environment is an opportune time to seek out acquisitions and will
    continue to look at businesses that make sense to include in our product offering."


    http://nzx-prod-s7fsd7f98s.s3-websit...758/377602.pdf
    Last edited by percy; 26-08-2022 at 04:48 PM.

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