Qube completes retail entitlement offer

Company News

Qube Holdings Limited (ASX:QUB) has completed the retail component of its 1 for 4.4 pro-rata entitlement offer of new Qube shares. 
 
The retail component of the entitlement offer raised around $244 million at $2.05 per share.
 
Together with the institutional component, the total amount raised under the entitlement offer is around $494 million.
 
The overall take up rate of the entitlement offer by retail investors was around 78.91 per cent. 
 
Qube reported a net profit of $55.7 million at 31 December 2015.