Westpac completes Share Purchase Plan raising approximately $770 million

Westpac today announces the completion of its Share Purchase Plan (“SPP”) following the closing of the SPP on 2 December 2019.

The SPP raised approximately $770 million and approximately 31.9 million new shares in Westpac (“SPP Shares”) will be issued to successful applicants on 11 December 2019.

In accordance with the SPP Terms and Conditions, the Issue Price per SPP Share is $24.20, representing a 2.0% discount to the VWAP1

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