Share Purchase Plan Results
Released
Released
Announcement PDF
ASX Release 22 April 2025
Share Purchase Plan Results
Digital payments and financial services provider Findi Limited (ASX: FND) (Findi or the Company) advises that
further to its announcements of 20 March 2025 and and its offer booklet dated 27 March 2025, the Company’s
Share Purchase Plan (‘SPP’) closed at 5.00pm (Sydney time) on Friday 11 April 2025 with total accepted
subscriptions received under the SPP amounting to $4,547,000.
A total of 1,136,750 fully paid ordinary shares (Shares) will be issued to applicants under the SPP. An Appendix 2A
for the issue of Shares will be released to ASX at or about the same time as the issue.
The Company has also agreed to place $453,000 via a Placement on the same terms as the SPP with Shares
being issued today.
Funds raised under the SPP and Placement will be used for:
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Capex requirements for deploying the additional 2,293 ATMs under the new State Bank of India agreement
(alongside existing cash reserves and debt facilities)
Acceleration of the White Label ATM rollout post the TCPSL acquisition, facilitating expanded deployment
and market growth
Costs to restructure the Piramal CCDs
Executive Chairman, Mr Nicholas Smedley, said, “The Company thanks shareholders for their ongoing support in
particular during this period of our growth and as we look forward to our proposed Inidian IPO of TSI where we
hope to be the first Australian-owned company listing in India with a unicorn status.”
Authorised for release by the Board of Findi Limited.
Investor Enquires
Nicholas Smedley
Executive Chairman
+61 447 074 160
nsmedley@findi.co
Media Enquiries
John Hurst
Tribune Partners
+61 418 708 663
jhurst@tribunepartners.com.au
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