Calix Limited (ASX:CXL) Announces Share Purchase Plan
Offer Details
Calix Limited (ASX:CXL) has announced a non-renounceable Share Purchase Plan (SPP) allowing eligible shareholders to purchase shares. Shareholders can apply for a minimum of A$1,000 and up to A$30,000 in new shares, in specified increments. The SPP is structured to enhance shareholder engagement and provide an opportunity for current investors to increase their holdings in the company without incurring brokerage fees.
Application Process
Interested shareholders must ensure their applications are submitted by 5.00 pm (AEDT) on 13 January 2025. Payments can be made through BPAY or by cheque, bank draft, or money order in Australian dollars. Calix will remain decisive on any disputes or irregularities in applications during the SPP process.
Conditions and Restrictions
The SPP is non-renounceable, meaning share allotments cannot be transferred to another person. Furthermore, applicants are required to represent that they are not in the United States and acknowledge the associated risks concerning their applications and potential refunds.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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