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$4.45 tatts group limited

Hi all, does anyone know what impact the TABCORP and Tatts...

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sirecho

108 Posts.

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20/10/16

11:44

Post #: 19995359
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Originally posted by Bronzino ↑

If you read the terms it is the dividend or the cash, not both.

"Tatts intends to pay its shareholders a fully-franked special dividend of 20 cents per share(subject to the availability of franking credits) immediately prior to implementation of the Transaction in lieu of part of the cash consideration. A fully-franked dividend of 20 cents per share would have approximately 8.6 cents per share of franking credits attached."

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Hi all,
does anyone know what impact the TABCORP and Tatts arrangement will have on Tatts Bonds (TTSHA)?
Thanks

TTS Price at posting: $4.19 Sentiment: Hold Disclosure: Held
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