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UXC appoints underwriter for bonus options exercise

UXC appoints underwriter for bonus options exercise

Business solutions provider UXC Limited (ASX:UXC) has appointed a lead underwriter for a $10.2 million bonus options exercise.

The company has selected Patersons Securities Limited to underwrite and also manage the bonus options exercise.

The 22.7 million share offer is fully underwritten, and the sub-underwriting book closed heavily oversubscribed.

Partersons will be paid 5% of the amount underwritten under the arrangement.

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Tags UXC Limitedcapital raisingPatersons Securitiesbonus options

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