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Marshall - general issue of shares for cash
Marshall successfully completed a rights offer and warrant issue on 10 November 2025, raising USD10.7 million through applications for 10 464 224 shares. Due to a cap of 8 964 377 shares, excess applications were scaled back, with 913 040 shares allotted and 1 499 847 shares remaining unsatisfied. Shareholders with excess applications were given an opportunity to participate in a separate issue for cash, resulting in the issuance of 1 300 000 shares, raising approximately USD2 million. These additional shares, representing 3.63% of the issued share capital as of 12 September 2025, will be listed on the JSE and rank equally with existing shares. Post-issuance, the total issued share capital is 46 121 889 shares.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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