Each one in plain English, with the numbers worked through for a shareholder.
3 Mar 2026capital raising announcement▲ Good
The on-market buy-back, begun March 2025, is extended to 2 March 2027. It remains at the company's discretion with no assurance any shares will be bought, and any shares bought are cancelled. No new size is stated.
18 Mar 2025capital raising announcement▲ GoodMajor
New Hope announced an on-market buy-back of up to A$100m, starting about 1 April 2025 over 12 months, alongside the 19.0c interim dividend. Half-year NPAT A$340.3m; available cash A$805.0m. The board says the share price undervalues its assets.
New Hope paused its A$300m share buy-back and began buying back its 2.75% convertible notes on market. Notes with A$107.9m face value are said to remain outstanding. No share buy-back will occur while the note buy-back continues.
Settlement of the A$200m convertible notes due 2026 has occurred, completing the raising priced on 25 June. The notes are expected to list on the Singapore exchange on 5 July 2021.
25 June 2021capital raising announcement● NeutralMajor
New Hope priced A$200m of convertible notes due 2026 at a 2.75% coupon. Conversion price is A$2.10, a 25% premium to the A$1.68 reference price. Net proceeds are about A$196m, for general purposes including possible M&A.
24 June 2021capital raising announcement● NeutralMajor
New Hope launched a A$150m senior unsecured convertible note offering due 2026, upsizable by A$50m, with Jefferies as lead manager. Proceeds are for general corporate purposes, possibly including M&A. Terms depend on a book-build.
Planet Gas, in which New Hope holds 19.9% via Hueridge, offers a share purchase plan at $0.026 per share, about a 20% discount. Hueridge will subscribe on the same terms to maintain 19.9%. Funds go to coalbed methane and Cooper Basin work.
WestSide Corporation raised $64.41m to buy Anglo American's 51% of the Dawson coal seam gas fields, with New Hope and EIT backing it. New Hope expects to invest $23.3m for 19.9%, with placements at 55c and a 1-for-1 offer at 45c.
Target Resource Pacific announced a $165 million entitlement offer, with $120 million to repay project debt, in response to New Hope's takeover plan. New Hope's bid is to be conditional on no share issue, so the offer is a defensive complication; shareholders will vote.