SYDNEY, 2 June 2009 – Macquarie Group Limited (Macquarie) advises that it has successfully completed its Share Purchase Plan (SPP), announced on 1 May, receiving more than 55,000 applications from eligible shareholders for approximately $A669 million of new Macquarie ordinary shares.
Macquarie Chief Financial Officer Greg Ward said Macquarie will accept all valid applications received under the offer, resulting in the allotment of a maximum of 25.2 million new Macquarie shares. The actual number of shares to be issued is subject to final processing of applications but will not exceed 25.2 million shares. Under the previously announced terms of the SPP, the shares
will be issued at a price of $A26.60 per share and are expected to be allotted on or around Friday, 5 June 2009.
"accept all valid applications received": looks likely that there won't be any scaleback.
"alloted around Friday, 5 June 2009": 1 week earlier than expected.
spp completed
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