NextDC cancels share placement plan

Monday 2 September 2013 | 01:16 CET | News
Australian data centre operator NextDC has cancelled its Share Purchase Plan in which it sought to raise AUD 10 million. The company says the share placement was cancelled due to "recent share volatility". The company raised AUD 50 million in August and at the time announced it also intended to raise AUD 10 million through a share placement plan. The company also issued a statement saying that founder Bevan Slattery has no intention of disposing any of his current shareholding in NextDC in the next twelve months. The statement follows news that Slattery will retire from the board at the AGM

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Categories: Internet
Companies: NextDC
Countries: Australia
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