Giant Diamond Miner Rio Tinto Rights Issue Results
Post Date: 03 Jul 2009 Viewed: 637
On June 5, 2009 diamond miner Rio Tinto announced a Rights Issues consisting of a 21 for 40 Rights Issue of 524,460,478 New Rio Tinto Shares at 1,400 pence per share and a 21 for 40 Rights Issue of 150,015,297 New Rio Tinto Limited Shares at A$ 28.29 per share.
Diamond miner Rio Tinto announced that the Rio Tinto Rights Issue closed for acceptances on July 1, 2009.
Diamond miner Rio Tinto received valid acceptances in respect of 508,577,688 New Rio Tinto Shares, representing approximately 96.97% of the total number of New Rio Tinto Shares offered to Shareholders pursuant to the fully underwritten rights issue.