Recently, Rural Funds Management Limited (ASX: RFF) has completed the fully underwritten, 2 for 9 accelerated pro rata non-renounceable Entitlement Offer.

Recently, Rural Funds Management Limited (ASX: RFF) has completed the fully underwritten, 2 for 9 accelerated pro rata non-renounceable Entitlement Offer. The retail component of the entitlement offer (Retail Entitlement Offer), under which eligible retail unitholders to participate, comprised approximately $60.0 million, and closed on Monday, 26 June 2017. The Retail Entitlement Offer was well supported by existing retail unitholders, with acceptances of approximately $33.3 million, representing a participation rate of approximately 55.5%. Approximately 15,723,158 million new units were not taken up under the Retail Entitlement Offer and will be allocated to the underwriters, UBS AG Australia Branch, Bell Potter Securities Limited and Wilsons Corporate Finance Ltd, in accordance with the terms of the underwriting agreement.



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