A summary of Santos’ share issues since 1954 including Rights and Bonus Issues.
|Year||Type of Issue||Class||Rate of Issue||Per Share||Allotment Date||Special Remarks|
|1956||Rights||Ordinary||1 for 1||2/6||29.06.56|
|1957||Rights||Ordinary||1 for 2||2/6||29.07.57|
|1961||Rights||Ordinary||1 for 2||2/6||19.07.61|
|1977||Bonus||Ordinary||2 for 1||-||31.12.77||From Share Premium A/c|
|1981||Bonus||Ordinary||2 for 1||-||02.05.81||From Share Premium A/c|
|1984||Rights||Ordinary||1 for 4||$4.00||27.06.84|
|1985||Rights||Ordinary||1 for 4||$3.50||18.10.85|
|1987||Rights||Ordinary||1 for 10||$3.00||24.03.87|
|1988||Bonus||Ordinary||1 for 10||17.05.88||From Share Premium A/c|
|1988||Rights||Ordinary||1 for 4||$3.20||09.01.89|
|1990||Rights||Ordinary||1 for 10||$4.00||11.10.90|
|1997||Rights||Ordinary||1 for 8||$4.00||02.06.97|
|2001||General Offer||Preference||$350m||$100||04.12.01||6.57% Rest Convertible Preference Share (Reset) Offer|
|2001||Off-market Buy Back||Ordinary||$250m||$6.17||04.12.01||Capital component of $2.63 and a fully franked dividend
|2004||Redemption||Preference||$350m||$100||30.09.04||Various options were offered to provide $105 of value
prior to redemption. (Refer FUELS prospectus)
|2004||Rollover & General Offer||Preference||$600m||$100||30.09.04||Franked Unsecured Equity Listed Securities (FUELS)
Reset holders were entitled to roll into FUELS
|2007||Off-market Buy Back||Ordinary||$300m||$12.16||30.06.07||Capital component of $2.79 and a fully franked dividend of $9.37|
|2008||Off-market Buy Back||Ordinary||$300m||$16.23||06.10.08||Capital component of $2.98 and a fully franked dividend of $13.25|
|2009||Rights||Ordinary||2 for 5||$12.50||22.05.09||Accelerated pro-rata non-renounceable entitlement offer
– institutional investors
|2009||Rights||Ordinary||2 for 5||$12.50||16.06.09||Accelerated pro-rata non-renounceable entitlement offer
– retail investors
|2009||Redemption||Fuels||$600m||$100.00||30.09.09||Redemption of convertible preference shares at their face value|
On 13 May 2009, Santos announced that it had successfully raised approximately $1.75 billion through the institutional component of the Entitlement Offer, and that the retail component of the Entitlement Offer would be underwritten.
On 21 August 2008, Santos announced an off-market buy-back of approximately $300 million worth of Santos Limited ordinary shares.
On 24 August 2004 Santos announced the redemption of its existing Reset Convertible Preference Shares and the issue of FUELS, which stands for Franked Unsecured Equity Listed Securities.