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Echo Entertainment Group Ltd Completes Retail Shortfall Bookbuild


Thursday, 12 Jul 2012 07:45pm EDT 

Echo Entertainment Group Ltd announced that it has completed the retail shortfall bookbuild (Retail Bookbuild) of entitlements to subscribe for new Echo ordinary shares (New Shares) under the retail component of its fully underwritten 1-for-5 accelerated renounceable entitlement offer (Retail Entitlement Offer). The Retail Entitlement Offer has raised approximately AUD 192 million from the issue of approximately 58 million New Shares at an offer price of AUD 3.30 per New Share. This represents the final stage of Echo's equity raising of approximately AUD 454 million, announced on June 14, 2012 (Entitlement Offer). 

Company Quote

3.51
0.01 +0.29%
17 May 2013