Technology company Silex Systems (ASX:SLX) has priced a share purchase plan at $5.08 per share.
Silex has divisions operating in USB data acquisition and testing, laser isotope separation, solar panel manufacturing and solar power station deployment.
The company said the SPP price is a 10% discount to its weighted average share price from 10 January to 21 January.
The weighted average figure took effect because it is lower than the $5.40 per share price at which the company recently conducted an $89.1 million placement.
The company launched the SPP on December 20, and it will run until January 28 – a deadline which had been extended by one week due to the disruptions caused by the Queensland and Victoria floods.
Shareholders will each have the chance to purchase up to $15,000 worth of new shares.
SLX shares today grew 0.74% to $5.450.