Where the SPP was larger than the placement

May 20, 2020

This list tracks companies which launched a stand alone SPP or where the SPP ended up raising more funds than the earlier placement.

Keytone Dairy, 2019: the recently floated company launched an $8 million placement at 43c and then accepted all $8.7 million in applications for the subsequent SPP, which was less than the $10 million cap.

Macquarie Group, 2009: $540 million placement at $27 in May 2009 followed by an uncapped $15,000 SPP at $26.60 which brought in $669m from more than 55,000 investors. The only entry on this list where retail shareholders contributed a majority (55.33%) of the funds raised in a $1209 million capital raising.