Investor Presentaiton
Capital Raising Overview
Institutional
placement
LGP has raised A$27.2 million by issuing approximately 45.3 million new fully paid ordinary shares in the
Company ("New Shares") under the Placement
Offer price of $0.60 per New Share under the Placement:
• 7.7% discount to last close of $0.65 on 18 June 2021
Pricing
• 9.8% discount to 10-day VWAP of $0.665
9.5% discount to 20-day VWAP of $0.663
Proceeds of Placement to fund:
Initial Consideration of the Acquisition;
Use of Proceeds
.
capital expenditure works to permit scaling of Denmark Facility to 50% capacity;
Ranking
Lead Manager
the build out of the Company's European sales team; and
working capital requirements
New Shares issued under the Placement expected to be allotted and quoted on the ASX on or about 28 June
2021 and will rank equally with existing LGP shares
Canaccord Genuity (Australia) Limited
little
green
pharma
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