Retail Entitlement Offer – Investors Centre

On the 8 February 2018, Paragon Care Limited (ASX:PGC) announced a major initiative to raise $69.8 million in new capital through the issue of new shares at an issue price of $0.725 per New Share. The capital raising is fully underwritten and comprises a $26.6 million institutional placement and a 1 for 2.8 accelerated entitlement offer to raise approximately $43.2 million which includes a Retail Entitlement Offer.  The offer booklet for the Retail Entitlement Offer was lodged with ASX on 12 February 2018 and opens at 9.00 am (Sydney time) on Thursday, 15 February and closes at 5.00 pm (Sydney time) on Monday, 26 February 2018.