SkyCity Entertainment has announced the completion of the retail entitlement offer, which is part of its $159 million fully underwritten entitlement offer.
The company raised a total of $240m through the institutional placement and entitlement offer.
Eligible retail shareholders subscribed for approximately $15m in new shares, with a take-up rate of about 33%.
The $30m in new shares that were not taken up in the retail entitlement offer have been allocated to sub-underwriters and existing institutional shareholders.
The new shares are expected to begin trading on the NZX Main Board on September 11, 2025, and on the ASX on Sept 12, 2025.
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