Investor Presentaiton
Entitlement Offer overview
Offer structure and size
•
Offer price
•
Institutional
Entitlement Offer
Retail Entitlement Offer
•
Fully underwritten¹ 1 for 6.33 pro rata accelerated renounceable entitlement offer with retail rights trading (a
"PAITREO") to raise approximately $190 million²
Approximately 63 million New Shares to be issued under the Offer
Record Date for the Entitlement Offer is 7:00pm (Sydney time) on 28 June 2021
Entitlement Offer price of $3.00 per New Share
10.3% discount to the theoretical ex-rights price ("TERP") of $3.353
Institutional Entitlement Offer opens today and closes 24 June 20214
Entitlements not taken up and entitlements of ineligible institutional shareholders will be sold in the institutional
shortfall bookbuild opening on 24 June 2021 and closing on 25 June 20215
Retail Entitlement Offer opens 2 July 2021 and closes on 19 July 20216
Retail entitlements trading for certain eligible investors available on ASX from 28 June 2021 to 12 July 2021
Entitlements not taken up and entitlements of ineligible retail shareholders will be sold in the retail shortfall
bookbuild to be conducted on 22 July 20215
New Shares issued will rank pari passu with existing shares
>>
Ranking
Key risks
Director participation
Underwriting
Please refer to page 50 of this Presentation
•
Refer to the Appendix for a summary of key risks associated with Costa and the Entitlement Offer
•
Non Executive Directors have expressed intention to take up their entitlements
Entitlement Offer fully underwritten1
Fractional entitlements to New Shares to be rounded up to the nearest whole number of New Shares
TERP is the theoretical price at which shares in Costa should trade immediately after the ex-date of the Entitlement Offer and reflects shares issued under the Entitlement Offer. The actual price at which Costa shares trade will depend
on many factors and may not be equal to TERP
Institutional Entitlement Offer book close date and time depends on offer jurisdiction.
Notes:
1.
2.
3.
4.
5.
6.
Costa Group Holdings Limited
These entitlements will be offered for sale in the relevant shortfall bookbuild and any premium (being any amount paid in respect of the sale of the entitlements) will be paid to non-participating and ineligible shareholders, net of any
applicable withholding tax and expenses
Retail Entitlement Offer is open to shareholders with a registered address in Australia and New Zealand as at the Record Date
Driscoll's Kes
Kangana
para
African Blue
Only the Finest Berries"
lady fingers
Morocco's Best Bluebe
LOVACADO.
Aussie avos. From Costa.
MUSH
BOOM!
TO THE
RESCUE
Perino
Vitor
AUSTRALIA'S BEST
itor.
AUSTRALIA'S BEST
NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
35
55View entire presentation