ASX completes raising

Company News

ASX Limited (ASX:ASX) has attracted $267 million in retail cash for its $553 million capital raising.
 
The market operator offered two new shares for each 19 held by existing shareholders as part of the fully-underwritten entitlement offer.
 
It said there was a 75 per cent take-up by eligible retail shareholders. 
 
Shares were sold at $30 apiece under the raising, launched on 11 June.
 
The operator also raised $268 million from institutional investors. 
 
The ASX will also put 2.4 million unsold securities up for offer in further round for retail investors, including those ineligible for the initial raising.  
 
The ASX generated a net profit of $171.1 million in the first half of fiscal 2013.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?