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BRIEF-GeoOp Ltd says it has five institutional investors on its register

Published 27/03/2017, 07:44 am
© Reuters.  BRIEF-GeoOp Ltd says it has five institutional investors on its register

March 27 (Reuters) - Geoop Ltd GEO.NZ

* Shareholdings associated with company's former CEO and former director and one of company's co-founders have been acquired by institutional investors

* Geo now has five institutional investors on its register

* It has modified terms of its placement agreement with Kestrel Capital for remaining AUS$1.2m to be paid under that placement

* In process of taking soundings from Australian institutional investors to determine interest in participating in IPO on Australian securities exchange Source text for Eikon: Further company coverage: GEO.NZ

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