SHarING YOur OWN BuSINeSS
keY daTeS OF THe OFFerDescription Date
Prospectus lodgement with ASIC 31 March 2015
Noteholder exchange offer opens 13 April 2015
Broker firm offer, Priority offer and Employee offer open 13 April 2015
Institutional offer opens 13 April 2015
Noteholder exchange offer closing date 22 April 2015
Broker firm offer, Priority offer and Employee offer closing date 27 April 2015
Institutional offer closing date 27 April 2015
Bookbuild to determine final price 29–30 April 2015
Final price announcement to the market 1 May 2015
Expected commencement of trading on ASX (conditional and deferred settlement basis) 4 May 2015aSSIGNMeNT1 Why do you think that MYOB has stated
an ‘indicative range’ for the IPO, rather
than simply a price at which it would sell
its shares?
2 What is MYOB going to do with the funds
raised by the IPO?
3 The final price for sale was $3.65 per
share, giving an enterprise value of
$2.65 billion. What has been the history
of the share price since the IPO? (Hint:
check the subsequent share price pattern
for MYOB through the Internet.)Source: MYOB. Used with permission. MYOB media release, 31 March 2015. http://myob.com.au/myob/
news-1258090872838?articleId=1427581025868. Accessed 2 May 2015.