Whitefield Income Limited (ASX: WHI) is pleased to announce the successful completion of its pro-rata non-renounceable entitlement offer (Entitlement Offer) and shortfall offer (Shortfall Offer).
The Company received applications significantly in excess of the maximum raise, achieving its maximum potential raise of approximately A$108 million.
Managing Director Angus Gluskie, said: “The strong support for Whitefield Income from existing and new investors is extremely pleasing. It is highly encouraging to see sustained high interest and demand for Whitefield Income.”
All entitlement applications were satisfied in full with applications under the Top-Up Facility and Shortfall Offer scaled back as a result of the significant demand.
New shares to be issued under the Entitlement Offer and Shortfall Offer will be issued at A$1.22 per share. New shares are due to be allotted on 12 June 2026.