SkyCity Entertainment has announced the completion of the retail entitlement offer component of its $159 million fully underwritten entitlement offer.
The company raised a total of $240m under the institutional placement and entitlement offer, including $195m from the institutional component and $45m from the retail entitlement offer.
Eligible retail shareholders subscribed for approximately $15m in new shares, with a 33% effective take-up rate.
The unallocated new shares will be allocated to the underwriters and sub-underwriters.
The new shares from the retail entitlement offer are expected to commence trading on the NZX Main Board on September 11, 2025, and on the ASX on September 12, 2025.
See more
