Woodside Petroleum says it has successfully completed the retail bookbuild of new shares not taken up in the retail component of the $2.5 billion rights offer.
Woodside Petroleum says it has successfully completed the retail bookbuild of new shares not taken up in the retail component of the $2.5 billion rights offer.
Existing eligible retail shareholders took up approximately 68 per cent of their entitlements. New shares not taken up under the entitlement offer were sold through the retail bookbuild conducted yesterday.
The retail bookbuild priced at $A43.10 per share, representing a 2.4 per cent premium to the underwritten issue price for the entitlement offer.
Cash proceeds of A$1.00 per share, for the sale of the relevant Entitlements, will be returned to renouncing and ineligible retail shareholders (less any applicable withholding tax).
The settlement date for new shares issued under the entitlement offer and the retail bookbuild is February 10 2010. Allotment of these shares will occur on February 11 2010 and trading on ASX will commence February 12 2010.
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