Healius completed the institutional component of its 1 for 3.65 pro-rata accelerated non-renounceable entitlement offer, raising $154 million at $1.20 per new share.

Existing Healius institutional shareholders supported the institutional entitlement offer, with approximately 92% of entitlements taken up.

Eligible retail shareholders in Australia and New Zealand, as of Nov. 23, will be invited to participate in the retail entitlement offer at the same offer price and offer ratio as under the institutional entitlement offer.

The retail entitlement offer will open on Nov. 28 and close on Dec. 7.