Published:
February, 09 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 is optional and is 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 will be 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. If you have not received these documents, please call the Tabcorp Shareholder Information Line on the numbers listed below.
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 - 10 March 2009
Despatch of holding statements/confirmation advice - 12 March 2009
Trading Date - 12 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
New shares issued under the SPP are expected to be allotted on 10 March 2009 and will be eligible to participate in all dividends declared by Tabcorp after that date. The new shares will not participate in the dividend in respect of the six months ended 31 December 2008.
Applications may be scaled back
If applications received under the SPP are in excess of A$150 million, Tabcorp reserves the right to scale back applications. If the total value of applications exceeds this amount, and Tabcorp decides to scale back applications, participants may be allocated fewer shares than the value for which they applied. If this happens, Tabcorp will refund 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).
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