Element 25 Limited (E25 or Company) (ASX: E25; OTCQX: ELMTF) is pleased to announce the opening of the E25 Share Purchase Plan (SPP) Offer. The Company announced on 21 May 2024 it would be undertaking a SPP1. The SPP is now open to eligible Element 25 shareholders, being shareholders who had a registered address in Australia, New Zealand, Hong Kong or Germany on Element 25’s register on the Record Date (5.00pm Australian Western Standard Time on Monday, 20 May 2024) (Record Date) to apply for up to A$30,000 of new fully paid ordinary shares in Element 25 (SPP Shares) without brokerage, commission or transaction costs, subject to the terms and conditions that will be set out in the SPP Booklet. The SPP Shares will be issued at $0.27 per share (Offer Price), representing a 14 per cent discount to the volume weighted average price (VWAP) of Element 25 shares over…
