Ryman completes Retail Bookbuild, raising $902 million

Ryman Healthcare has successfully completed the Retail Bookbuild of its Retail Entitlement Offer, raising $902 million.

Eligible retail shareholders who did not take up their entitlements, and ineligible retail shareholders, will receive a premium of $0.25 (less any applicable withholding tax) for each New Share.

The New Shares are expected to be allotted and commence trading on Tuesday, 14 March 2023.

Proceeds from the equity raise will enable Ryman to be well positioned to execute its growth framework.