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ASX company raises $20m

A global law firm has advised BKI Investment Company Limited on raising over $20 million under its Share Purchase Plan.

user iconEmma Musgrave 30 June 2017 Big Law
Capital market, raise, increase, growth
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Firm: Ashurst (BKI Investment Company Limited)

Deal: BKI Investment Company Limited (ASX: BKI) has raised $21.2 million under its Share Purchase Plan (SPP), which closed on Wednesday, 14 June 2017.

Value: $21.2 million

Area: Equity Capital Markets

Key players: The legal team advising BKI Investment Company Limited was led by Ashurst corporate partner Anton Harris.
Pitt Capital Partners acted as financial adviser to BKI Investment Company Limited in this transaction.

Deal significance: BKI Investment Company Limited is described on its website as a listed investment company on the Australian Securities Exchange.

The company contains a diversified portfolio of Australian shares, trusts and interest bearing securities.

In this deal, BKI shareholders were given the opportunity to purchase shares up to a maximum value of $15,000 at $1.58 per share.

 

 

Emma Musgrave

Emma Musgrave

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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