Institutional Placement The institutional placement consists of an underwritten A$400 million placement offered to institutional investors and sophisticated investors in select jurisdictions. The price of the placement will be A$21.00, a 5.4% discount to the last closing price on 19 November 2009 of A$22.20. UBS AG, Australia Branch is acting as Sole Bookrunner, Underwriter and Sole Lead Manager. Commonwealth Securities is acting as Joint Underwriter and Co-Lead Manager.
WHO IS BRITSPOT - INL'S MOST RECENT TOP 10 SHAREHOLDER?
Brispot Nominees has popped up with almost 5.5 million shares, or 0.95 per cent of the company. Brispot bought 6.2 per cent of Pauls amid a takeover play for the Queensland dairy group by Parmalat in 1998.
At the time, Brispot was part-owed by Potter Warburg Securities, which evolved into Warburg Dillon Read, which was swallowed by UBS.
SDV Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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