Slot machine maker Aristocrat Leisure Ltd says it has raised AUD38.53 million (US$35.74 million) from two share-selling exercises.
The first, to participating eligible stockholders under the company’s share purchase plan, raised AUD20.15 million at an issue price of AUD5.26 per share.
The second, in the form of a placement to the family of Aristocrat founder Len Ainsworth, raised AUD18.38 million at the same issue price per share.
Shares issued under the share purchase plan are expected to start trading on the Australian Securities Exchange Ltd on August 25, said a statement from Aristocrat on Wednesday.
The firm’s shares closed 0.53 percent lower on Thursday at AUD5.62.
The Australian gaming supplier in July announced it was acquiring Video Gaming Technologies Inc for US$1.28 billion in cash.
Mar 27, 2020The two-star hotel at Macau’s Jai Alai complex (pictured) has become the 11th accommodation venue locally to turn its sleeping space over to the city’s government for an emergency...
Mar 27, 2020
”We are now set to see a collapse of the limited business Macau has seen in the last five weeks”
Vitaly Umansky, Eunice Lee and Kelsey Zhu
Sanford Bernstein analysts