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TPG Telecom Limited (ASX:TPG)

ALERT: Price-sensitive ASX Announcement for TPG
Current share price for TPG : $3.710 -0.09 (-2.37%)+
Announcement
Release
17 Nov 2025 9:02AM
Price at Release
$3.800
Full Release
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Summary
TPG Telecom Limited has announced a Reinvestment Plan aimed at allowing minority shareholders to reinvest their cash distributions into new shares of the company. The plan, which is not underwritten, consists of both institutional and retail components and seeks to raise up to $688 million. The Institutional Reinvestment Plan can raise up to $550 million, with shares priced at $3.61 each, while the Retail Reinvestment Plan aims to raise up to $138 million. Shares in the Retail Plan are priced at a discount compared to market prices, offering shareholders a top-up facility. Key dates for the plan span November and December 2025, with the company maintaining its EBITDA guidance for FY25.
Key Points
  • TPG Telecom launches a Reinvestment Plan for minority shareholders.
  • The plan includes institutional and retail components.
  • Institutional Reinvestment Plan can raise up to $550 million at $3.61 per share.
  • Retail Reinvestment Plan can raise up to $138 million.
  • Eligible shareholders have the option to reinvest cash distribution into new shares.
  • Retail Reinvestment Plan offers a 'top-up' facility for additional shares.
  • New shares priced at a discount compared to market prices.
  • Key dates include various milestones in November and December 2025.
  • TPG Telecom confirms unchanged EBITDA guidance for FY25.
  • Joint Lead Managers include Barrenjoey Markets and others.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.