Mair issue at 125c
Mair and Company, Ltd, will make a one-for-five issue of ordinary shares at a premium of 75c a share,; making a total purchase price of 1.25 c a share. The rights to the issue will be transferable. Entitlement letters will be
posted in mid-March, and the issue will close late in April. The issue is made to strengthen the capital base of the company, and the directors are confident they can maintain the current rate of dividend (25 per cent) on the increase capital.'
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Press, 28 November 1979, Page 24
Word Count
88Mair issue at 125c Press, 28 November 1979, Page 24
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