News

Dorchester announces structure simplification, dividends

Wednesday 1st of May 2013

It announced today that it was simplifying its capital structure and planning a share placement.

Combined with the share options on issue, Dorchester expected the moves would boost shareholder funds from $29 million to about $61 million.

The company has 150 million options on issue that convert into ordinary shares at the end of this month if the option holders pay 12.5c per share...

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