March 26, 2017 / 8:45 PM / 4 months ago

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

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March 27 (Reuters) - Geoop Ltd

* 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:

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