Class Limited successfully closed its IPO offer on Friday 4 December, with a total of approximately $25 million allocated to new investors under the CTC (Customers) and General offers.
Barry Lambert, Chairman of Class, comments: “After 10 years spent building a strong and profitable company, it’s gratifying to announce a successful IPO.
“On behalf of our 50 plus staff, many of whom have been on the Class journey for 10 years, and our Directors, I’m pleased to welcome many of our existing customers who have taken up the opportunity to become shareholders in the business, along with a number of retail and institutional investors.”
CBA Equities acted as Broker to the Issue.
Class is expected to commence trading on ASX on Wednesday 16 December 2015, under the ASX code CL1.
