Aristocrat Leisure Limited · ASX:ALL
Aristocrat Leisure — Investor Presentation (April 2009)
7 slides from Aristocrat Leisure's investor presentation, Apr 21, 2009
Slide 1: Aristocrat Leisure Limited Capital Raising
For personal use only Aristocrat Leisure Limited Capital Raising NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, US PERSONS
Slide 2: Disclaimer
Disclaimer Future Performance For personal use only This presentation contains certain “forward-looking statements”. The words “anticipate”, “believe”, “expect”, “project”, “forecast”, “estimate”, “likely”, “intend”, “should”, “could”, “may”, “target”, “plan” and other similar expressions are intend
Slide 3: Executive summary
Executive summary • $200 million underwritten institutional placement For personal use only Equity raising • Up to $75 million Share Purchase Plan (SPP) and Ainsworth family offer (both not underwritten) – SPP to eligible shareholders – up to $20 million placement to Ainsworth family interests • Str
Slide 4: Offer structure
Offer structure • $200 million underwritten institutional placement For personal use only Underwritten institutional • Placement price of $3.25 per share placement • New shares will rank equally with existing shares SPP and • Up to $75 million (not underwritten) available to eligible Ainsworth retai
Slide 5: Debt facilities and maturity profile
Debt facilities and maturity profile • Total debt facilities of A$805 million and a US$100 For personal use only Debt facilities million letter of credit • As at 31 December 2008, Aristocrat had drawings of A$483 million – current drawings are not materially different Maturity profile US$100m A$585m
Slide 6: Dividend policy
Dividend policy • No change to dividend policy For personal use only • Target dividend payout ratio range of 50-70% of pre-abnormal net profit after tax and minorities • No current intention to underwrite interim FY09 dividend NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO, OR FOR THE AC
Slide 7: Key dates
Key dates For personal use only Event Date Institutional placement Tuesday 21 April Shares re-commence trading Wednesday 22 April Institutional settlement date Monday 27 April SPP record date Monday 27 April Institutional trading date Tuesday 28 April SPP and Ainsworth offer opens Tuesday 12 May SPP
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