Huntleys' Stock of the Week

Marketplace
Rio Tinto Announces Result of Rights Issue
Friday July 3, 2009, 8:10 am

Original Announcement: Result of Rio Tinto Limited Rights Issue

Rio Tinto reported that on 5 June 2009 the Company announced Rights Issues consisting of a 21 for 40 Rights Issue of 524.5m New Rio Tinto plc Shares at 1,400 pence per share and a 21 for 40 Rights Issue of 150m New Rio Tinto Ltd Shares at A$28.29 per share. The Rio Tinto Ltd Rights Issue closed at 5pm Melbourne time on 1 July 2009. Rio Tinto received valid acceptances in respect of 142.1m New Rio Tinto Ltd Shares, representing approx. 94.76% of the total number of New Rio Tinto Shares offered. The issue of New Rio Tinto Ltd Shares and dispatch of confirmation statements is expected to occur on 9 July 2009. It is expected that the New Rio Tinto Ltd Shares will commence normal T+3 settlement trading on the ASX on 10 July 2009. Credit Suisse, J.P. Morgan and Macquarie will be seeking subscribers for the remaining 7.87m New Rio Tinto Ltd Shares by way of a bookbuild to be undertaken on 3 July.

More information about RIO.AX

  •   


  • Copyright © 2009 Yahoo! Pty Limited. All rights reserved.
    Advertise with Us - Privacy Policy - Terms of Service - Help