Capital Raising

Envirozel Limited
Non Renounceable Rights Issue

The project management of a Non-Renounceable Rights Issue for Envirozel Limited, a publicly listed company which specialises in the development of water technology products.

"Kennedy Needham delivered an excellent result in our recent on-market rights issue. We had a take up rate of 43% from our shareholders, which was well above our expectations. They drafted a great prospectus; liaised with the Australian Stock Exchange and we were very pleased with the outcome."
Mr Gordon McKern, Chairman, Envirozel