Rights issue results

PACIFIC Niugini has notified the market that its non-renounceable entitlements issue, which closed on August 14 resulted in 39,419,378 shares being allocated to eligible shareholders as well as registering a shortfall of 58,694,103 shares.

The company said the shortfall shares have been made available for subscription through stockbroking firms, and will defer the issue all shares until Tuesday August 25 in order for the one for two

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