TPG Telecom (ASX:TPG) has raised gross proceeds of about AU$73.4 million after completing the retail component of its reinvestment plan to provide eligible minority shareholders the opportunity to reinvest their share of capital return, according to a Wednesday filing with the Australian bourse.
About 20.6 million new shares will be issued on Wednesday at AU$3.566623 per share, and will start trading on the Australian Securities Exchange from Dec. 11, the filing said.
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