Tabcorp Holdings Limited
(ASX:TAH) has completed the retail component of its $236 million capital raising.
The gambling and entertainment company offered eligible retail shareholders 1 new share for every 12 held at $3.70 per share.
The company says the retail shortfall bookbuild offered 7.7 million new shares which will be open to trading on the ASX under normal settlement on the 16th of March.
At $3.70 the shares were offered to shareholders at a considerable discount to the trading price and today Tabcorp shares are trading at $4.63.
Tabcorp reported a net profit of $122.4 million in the first half of the 2015 financial year.
