Stephen Mayne asked Macquarie Bank about this SPP and they said this:
The forthcoming $30,000 Share Purchase Plan will be open to approximately 200,000 eligible retail shareholders and the board is not placing an explicit cap on the amount to be raised but reserves the right to scale back applications. If that were to occur, the scale back policy would be pro rata based on size of holding. Macquarie Group has completed 6 previous SPPs since 2006 and never imposed a scale back.
So this is the 7th SPP since 2006 now, and true to form, they didn't impose any scale back just like with all of their earlier SPPs.
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Ann: Macquarie Group Share Purchase Plan, page-8
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