TZ Rights Issue
This Rights Issue Is Now Closed
Rights Issue Details
30 Day VWAP
This offer represents a 25% discount to the volume weighted average price (VWAP) over the 30 trading days before the date the rights issue was announced. All applications and monies must be received by 7 June 2021.
TZ Limited is now in a good position to address the final piece of our turnaround plan – and that is to restructure the balance sheet and address the level of debt that we have. I see TZ Limited with tremendous potential, we have truly world-class technology and a large global installed client base of the world’s best-known brands. We have solutions that can be deployed into new, exciting and high growth market segments, including click & collect, access control and last mile solutions. And we now have the team, the sales model and the wherewithal to capitalise and deliver on the huge opportunities in front of TZ Limited.