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The major Australian betting company Tabcorp Holdings Limited has announced that participants in the company’s Dividend Reinvestment Plan in respect of the interim dividend announced on 6 February 2014 will be allocated ordinary shares at a price of A$3.47 per share on the dividend payment date of 24 March 2014.

The price represents a 2.5 percent discount to the arithmetic average of the daily volume weighted average market price of all Tabcorp shares sold in the ordinary course of trading on the Australian Securities Exchange automated trading system from 19 February 2014 to 4 March 2014 inclusively.

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