Sydney, Australia (ABN Newswire) - Donaco International Limited (ASX:DNA) announced on 30 January 2015 a fully underwritten 10 for 21 non-renounceable entitlement offer ("Entitlement Offer") to raise approximately A$132 million. The institutional component of the Entitlement Offer was completed on Tuesday, 10 February 2015 and raised approximately $92.4 million.

The retail component of the Entitlement Offer opened on Monday, 9 February 2015, on the terms set out in the Offer Booklet lodged on Monday, 2 February 2015, and closed at 5.00pm on Monday, 23 February 2015. Eligible retail shareholders subscribed for a total of 41.5m shares (representing approximately $24.9 million).

The offer is fully underwritten and the shortfall in entitlements not taken up by existing holders will be allocated to participants in the Retail Bookbuild or subsequently, to the sub-underwriters for the offer who have provided binding commitments.

Shares subscribed for under the Retail Entitlement Offer and shares subscribed under the Underwriting Agreement are expected to be issued on Monday, 2 March 2015, and commence trading on Tuesday, 3 March 2015.



About Donaco International Limited:

Donaco International Limited (ASX:DNA) operates leisure, entertainment and associated technology businesses across the Asia Pacific region. Our flagship business is the Lao Cai International Hotel, a successful boutique casino in northern Vietnam. The Lao Cai International Hotel was established in 2002, and is located on the border with Yunnan Province, China. Donaco operates the business and owns a 95% interest, in a joint venture with the Government of Vietnam. Donaco also owns and operates successful gaming technology businesses, including secure mobile payment gateways across South East Asia, and the Way2Bet wagering portal, whose customers include all major corporate bookmakers in Australia.



Source:

Donaco International Limited



Contact:

Ben Reichel
Executive Director
Phone: + 61 412 060 281