pieNETWORKS (ASX:PIE) cleared to issue 50m shares

pieNETWORKS (ASX:PIE) cleared to issue 50m shares

Internet kiosk developer pieNETWORKS (ASX:PIE)has won shareholder approval to issue up to 50 million new shares.

At the company's AGM, investors agreed by a wide margin to let the company issue the shares, and in a separate resolution to issue 20 million options to CPS Securities.

A previous issue of 100 million new shares was also ratified by shareholders.

PIE shares are today trading unchanged at $0.024.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags ASX:PIE hardware Internet investors pieNETWORKS

Show Comments