Media Releases
Published: 09 February 2009
Tabcorp Holdings Limited ("Tabcorp") announced on 29 January 2009 that it would offer eligible shareholders the opportunity to participate in a non-underwritten Share Purchase Plan ("SPP"), under which such shareholders could subscribe for up to A$5000 worth of Tabcorp ordinary shares without incurring brokerage or other transaction costs.
Participation in the SPP was optional and was open to eligible shareholders who, at 7.00pm (Melbourne time) on 4 February 2009, were registered holders of fully paid ordinary shares in Tabcorp and whose registered address is in Australia or New Zealand. Eligible shareholders were entitled to apply for a minimum subscription of A$500 with a maximum of A$5,000, with subscription increments of A$500.
Eligible shareholders were sent a letter together with the Terms and Conditions of the SPP, and an Application Form on 9 February 2009.
Further details of the SPP offer, including a copy of the letter sent to shareholders and the Terms and Conditions, are available for download below.
SPP key dates*
Record Date - 4 February 2009
Offer Opens - 9 February 2009
Offer Closes - 27 February 2009
Allotment Date - 13 March 2009
Despatch of holding statements/confirmation advice - 13 March 2009
Trading Date - 13 March 2009
*Tabcorp may vary any of the above dates at its discretion by lodging a revised timetable with the Australian Securities Exchange.
How to apply
To participate in the offer, eligible shareholders must:
> return their Application Form, together with a cheque, bank draft or money order drawn on an Australian bank in Australian dollars; or
> pay directly via BPAY® on the internet or by telephone (for Australian shareholders only),
by no later than 5.00pm (Melbourne time) on 27 February 2009.
Allotment of new shares
The new shares issued under the SPP were allotted on 13 March 2009 at $5.80 per ordinary share and were eligible to participate in all dividends declared by Tabcorp after that date.
Applications may be scaled back
If applications received under the SPP were in excess of A$150 million, Tabcorp reserved the right to scale back applications. If the total value of applications exceeded that amount, and Tabcorp decided to scale back applications, participants were allocated fewer shares than the value for which they applied. If that happened, Tabcorp refunded any difference between the amount for which participants applied and the total value of shares allocated to them.
Shareholder Enquiries
For further assistance, shareholders should contact the
Tabcorp Shareholder Information Line on:
> 1300 857 499 (from within Australia); or
> +61 2 8280 7753 (from outside Australia).