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Global Drink Wine Day: 20 wines to discover

Global Drink Wine Day: 20 wines to discover
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Business Scoop » Marlborough Wine Estates Announces Capital Raising To Fund Growth

Press Release – Marlborough Wine Estates Group Award winning New Zealand wine company, Marlborough Wine Estates Group Limited (NZX: MWE), is seeking to raise up to $2 million in new capital to progress growth opportunities in both New Zealand and international markets. The funds raised through the Share … Award winning New Zealand wine company, Marlborough Wine Estates Group Limited (NZX: MWE), is seeking to raise up to $2 million in new capital to progress growth opportunities in both New Zealand and international markets. The funds raised through the Share Purchase Plan (SPP) will be used to retain higher inventory levels to meet expected future demand; investment into marketing, particularly MWE’s online strategy; and international market development.

Marlborough Wine Estates Announces Capital Raising To Fund Growth

Wednesday, 17 February 2021, 9:26 am Award winning New Zealand wine company, Marlborough Wine Estates Group Limited (NZX: MWE), is seeking to raise up to $2 million in new capital to progress growth opportunities in both New Zealand and international markets. The funds raised through the Share Purchase Plan (SPP) will be used to retain higher inventory levels to meet expected future demand; investment into marketing, particularly MWE’s online strategy; and international market development. The Issue Price for the Shares is 25 cents per Share, representing a 56.7% discount to the five day VWAP (volume weighted average price) during the last five trading days on the NZX prior to the Record

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