Change Financial's Share Purchase Plan exceeds target

ASX-listed Change Financial have announced that the Share Purchase Plan (SPP) closed on 19 September 2024 and exceeded the target raise amount.

Change Financial was targeting a raising of up to A$750,000 under the SPP and received applications totalling A$939,375.

In a statement to the ASX, the company stated that the Board of Directors had thanked all the shareholders for their continued support and confirmed that all valid applications received from eligible shareholders under the SPP were accepted in full and that no scale-back was applied.

In line with the SPP timetable, the new shares will be issued today, 25 September 2024.