New Substantial Holder for Tabcorp
2008-11-24 09:02:00+10:00
Tabcorp [ASX:TAH] has announced that a new organisation is becoming a Substantial Holder in the company for the first time. Tabcorp has issued similar announcements five times before, most recently about 0 minutes ago on Friday 21 November 2008. The announcement 'Becoming a substantial holder' was issued to the ASX on Monday 24 November 2008. The share price for Tabcorp was $6.700 trending up at the time of the announcement. [Notice Type: Substantial Holding Notice - Initial]

Becoming a substantial holder
Monday 24 Nov 2008

Tabcorp Holdings Limited ACN 063 780 709 5 Bowen Crescent Melbourne Australia 3004 GPO Box 1943 Melbourne Australia 3001 Telephone 61 3 9868 2100 Facsimile 61 3 9868 2300 Website www.tabcorp.com.au

24 November 2008

To:

Australian Securities Exchange Companies Announcements Platform 20 Bridge Street Sydney NSW 2000

NOTIFICATION OF SUBSTANTIAL SHAREHOLDING

As required under Listing Rule 3.19, the Company gives notice that it has become aware that Barclays Group became a substantial shareholder in Tabcorp Holdings Limited on 17 November 2008 with relevant interest in 26,947,198 ordinary shares representing 5.05% of the issued fully paid ordinary capital. Section 4.3.20 of the Victorian Gambling Regulation Act prohibits an individual from having a voting power of more than 10% in Tabcorp Holdings Limited. Similar restrictions are contained in the Company's Constitution and certain agreements entered into with the New South Wales Casino Control Authority as well as the Queensland Office of Gaming Regulation. The Company may refuse to register any transfer of shares which would contravene these shareholding restrictions or require divestiture of the shares that cause an individual to exceed the shareholding restrictions.