SRG Global (ASX:SRG) has successfully completed its Share Purchase Plan (SPP) today, with applications significantly exceeding the stated target size of $5M.
All eligible shareholders were able to apply for up to $30,000 of new fully paid ordinary shares in SRG Global at the issue price of $0.72 without paying any brokerage or transaction costs.
SRG Global says the SPP was capped at $5M and will remain so, with pro-rata scale back of applications based on existing shareholding in SRG.
The company is a diversified industrial services company providing critical services for major industry across the entire asset lifecycle.