Ampol One:5 Share Issue
(N.Z. Press Assn.—Copyriqht. SYDNEY, May 16. The directors of Ampol Petroleum, Limited, tonight announced an issue of approximately 13,808,000 ordinary shares of 5s each to both ordinary stockholders and convertible noteholders in the ratio of one for five, at an issue price of 9s 3d per share. The proceeds of the issue will be used to finance the continued expansion of the company and to provide additional working capital. Portion of the proceeds will provide for the company’s share of the initial capital expenditure for the lubricating oil refinery.
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https://paperspast.natlib.govt.nz/newspapers/CHP19610517.2.191
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Press, Volume C, Issue 29515, 17 May 1961, Page 19
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93Ampol One:5 Share Issue Press, Volume C, Issue 29515, 17 May 1961, Page 19
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