Santos Limited
(ASX:STO) has announced the successful completion of the retail shortfall bookbuild for the retail component of its 1 for 1.7 renounceable entitlement offer of new shares.
The retail shortfall bookbuild represents the final stage of Santos’ $2.5 billion capital raising.
Approximately $585 million worth of retail entitlements were sold in the retail shortfall bookbuild.
In total about 57 per cent of new shares under the retail entitlement offer were taken up by eligible shareholders.
Santos reported a net profit of $37 million at 30 June 2015.
