Metro Performance Glass (ASX:MPP, NZE:MPG) opened an NZ$8.9 million renounceable rights offer to eligible shareholders to buy 1.6 new shares for every 1 share held, priced at NZ$0.03 each, according to a Monday filing with the New Zealand bourse.
The offer opened on Aug. 11 and will close on Sept. 12, unless extended, the filing said.
The rights offer is available to shareholders listed with a New Zealand address in the company's share register as of Aug. 28, the filing added.
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