BRIEF-Western Areas announces fully underwritten ordinary share placement

Feb 18 (Reuters) - Western Areas Ltd WSA.AX :

* Western Areas Ltd Capital raising and spp WSA.AX

* Says a fully underwritten ordinary share placement to raise approximately A$89 million

* Says placement comprises an issue of approximately 29.5 million ordinary shares

* Says placement is underwritten at a price of A$3.00 per share

* Shares issued pursuant to placement and spp will be eligible for fully franked interim dividend of 1c per share

* Source text for Eikon News Search ID:nASX7vRcmV

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