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Somers Reports 2023 Full Year Results

Somers Reports 2023 Full Year Results
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New South Wales , Peter Durhager , Waverton Investment Management Group , Resimac Group , Bermuda Stock Exchange , Laura Group , Thorn Group , Somers Limited , Asset Value , Investment Management Group Limited , Group Limited , Thorn Group Limited , Terra Firma , Officers Interest , Somer Share ,

Resimac adds 3 to asset finance team

The non-bank lender has appointed three business development managers to its asset finance arm across three states. Non-bank lender Resimac Group Limited (Resimac) has appointed Alex Zanfirache, Steph ....

Daniel Carde , Michael Moloney , Chris Paterson , Majid Muhammad , Thorn Group Limited , Thorn Group , Connective Asset , Resimac Asset Finance ,

Resimac announces leadership changes

The non-bank lender’s revamped strategy will see several senior leadership positions expanded in a bid to improve synergies, it has said. Non-bank lender Resimac has confirmed a change to its senior ....

Scott Mcwilliam , Daniel Carde , Majid Muhammad , Chris Paterson , Homeloans Ltd , Thorn Group , Thorn Group Limited ,

MONEYME Announces Capital Raise and Trading Update

SYDNEY, March 30, 2023 /PRNewswire/ MONEYME Limited (ASX:MME) ("MONEYME" or "Group") is pleased to announce the successful launch of a fully underwritten $37m Conditional Equity Placement. Placement Overview A $37m fully underwritten share placement ("Placement") at $0.08 per share, issuing approximately 462.5m new fully paid ordinary shares ("New Shares") Issue price of $0.08 per share represents a 24% discount to the last traded price on 20 March 2023 of $0.105 The majority of the capital has been committed by existing and long-term shareholders The Placement is subject to shareholder approval under ASX Listing Rule 7.1 and 10.11 with a shareholder Extraordinary General Meeting ("EGM") planned for May 2023 with settlement to follow shortly thereafter Fully underwritten by Morgans Corporate Limited, with Gilbert + Tobin acting as legal adviser A non-underwritten Share Purchase Plan ("SPP") for up to $5m at $0.08 per share is ....

New South Wales , Clayton Howes , Disclosure Committee , Somers Limited , Resimac Group , Thorn Group , Morgans Corporate , Group Investor Presentation , Conditional Equity , Extraordinary General Meeting , Morgans Corporate Limited , Share Purchase Plan , Resimac Group Limited , Thorn Group Limited , Investor Presentation , March 30 , 023 Prnewswire Moneyme Limited Asx Mme Quot Or Group Is Pleased To Announce The Successful Launch Ofa Fully Underwritten 37m Conditional Equity Placement Overviewa Share At 0 08 Per , Ssuing Approximately 462 5m New Fully Paid Ordinary Shares Quot Issue Price Of 0 08 Per Share Representsa 24 Discount To The Last Traded On 20 March 2023 105 Majority Capital Has Been Committed By Existing And Long Term Shareholders Placement Is Subject Shareholder Approval Under Asx Listing Rule 7 1 10 11 Witha Extraordinary General Meeting Egm Planned For May With Settlement Follow Shortly Thereafter Underwritten Morgans Corporate Limited , Ith Gilbert Tobin Acting As Legal Advisera Non Underwritten Share Purchase Plan Quot Spp For Up To 5m At 0 08 Per Is Intended Follow The Successful Completion Of Placement Will Also Be Subject Shareholder Approval Under Asx Listing Rule 7 1 Proceeds From Used Pay Down 32m Group 39s Corporate Debt Facility Full Repayment Short Term Societyone Acquisition Component Improved Commercial Terms On Remaining 50m , Ncludinga 200 Bps Reduction In Annualised Interest Costs Driving Cost Savings Of Circa 7m Pa And The Potential For Further Relaxed Covenant Settings Remaining Balance Due November 2025 Additional Cash 3m To Support Sheet Growth , Ith Ongoing Focus On Higher Credit Quality Borrowers Transaction Costs Of 2m Investor Participation In Fully Underwritten Placement Moneyme Has Receiveda Significant Level Commitment The From Existing Investors , Ncluding From Somers Limiteda Substantial Shareholder In Resimac Group Limited And Thorn Perennial Value The Planned Spp Is To Be Offered Existing Eligible Shareholders For Opportunity Apply Up 30 , 000 Of Fully Paid Shares The Spp Will Be Subject To Shareholder Approval Under Asx Listing Rule 7 1 Including Accrued Interest And Fees Projected Due 30 June 2023 Clayton Howes , Oneyme 39s Managing Director And Ceo Said Quot We Are Pleased To Announce That Moneyme Has Secured 37 Million Ina Fully Underwritten Institutional Equity Placement Plans Offer Retail Investorsa 5 Share Purchase Plan On The Same Terms Support From New Existing Investors Despite Extremely Tight Capital Markets Underpins Their Confidence In Our Profitable Business Model , Nique Tech Driven Advantages , Nd Ability To Execute On Our Strategic Vision Quot The Proceeds From Equity Raising Will Be Used Repay Short Term Component Of Corporate Debt Facility That Was Finance Societyone Acquisition ,