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GPT GROUP — Capital/Financing Update 2009
Jun 10, 2009
65009_rns_2009-06-10_ef8bd514-8ba0-403f-a2f0-bef1ae694c82.pdf
Capital/Financing Update
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GPT RE Limited GPT Management ABN 27 107 426 504 Holdings Limited as Responsible Entity of ABN 67 113 510 188 General Property Trust AFSL 286511
Level 52 T: +61 2 8239 3555 MLC Centre F: +61 2 9225 9318 19 Martin Place E: [email protected] Sydney NSW 2000 www.gpt.com.au Australia
11 June 2009
Lux Wigneswaran Adviser, Issuers (Sydney) Australian Securities Exchange Exchange Centre 20 Bridge Street Sydney NSW 2000
By electronic lodgement
Dear Ms Wigneswaran
Re: The GPT Group (ASX: GPT) Retail Entitlement Offer Update
The GPT Group announces the completion of the Retail Entitlement Offer, which closed on 9 June 2009.
The fully underwritten equity raising announced to the market on 7 May 2009 comprised an institutional component which raised approximately $1.4 billion and a Retail Entitlement Offer of approximately $300 million.
The number of securities by which the Retail Entitlement Offer was not subscribed was approximately 210 million stapled securities comprising about 25% of the Retail Entitlement Offer and about 4.7% of the offer as a whole. All Securityholders who applied for Additional New Securities up to a cap of 25% of their entitlement, as stipulated in the Retail Entitlement Offer, will receive the Additional New Securities applied for. As the equity raising is fully underwritten, the total amount that will be raised under the Retail Entitlement Offer remains approximately $300 million.
Final Allotment under the Retail Entitlement Offer is expected to occur on 16 June 2009, with trading in new stapled securities expected to commence on 17 June 2009.
Yours sincerely
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GPT Securityholder Service Centre
T: 1800 025 095 F: +61 2 9287 0303 E: [email protected]
James A Coyne Company Secretary The GPT Group
ASX Announcement Retail Entitlement Offer Update 110609.doc