By Devika Patel
Knoxville, Tenn., Jan. 30 - Tabcorp Holdings Ltd. said it has arranged a private placement of shares for A$300 million.
The company will sell approximately 51.7 million ordinary shares at A$5.80 each.
Settlement is expected Feb. 4.
Based in Melbourne, Australia, Tabcorp provides leisure and entertainment services.
| Issuer: | Tabcorp Holdings Ltd.
|
| Issue: | Ordinary shares
|
| Amount: | A$300 million
|
| Shares: | 51.7 million (approximate)
|
| Price: | A$5.80
|
| Warrants: | No
|
| Pricing date: | Jan. 30
|
| Settlement date: | Feb. 4
|
| Stock symbol: | Australia: TAH
|
| Stock price: | A$6.59 at close Jan. 30
|
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