SkyCity Entertainment Group has announced the opening of the retail entitlement offer component of its approximately $159 million entitlement offer.
The offer, which is fully underwritten, is for new fully paid ordinary shares.
It is available to eligible retail shareholders in New Zealand and Australia.
The offer price is $0.70 per new share.
Eligible retail shareholders who wish to participate must apply and pay by September 4, 2025.
Those who take up their entitlement in full will have the opportunity to apply for additional new shares.
The entitlements will not be quoted on the NZX or ASX, and there will be no shortfall bookbuild.
Shareholders who do not take up their full entitlement will not receive any value for the lapsed entitlements.
See more