28 October 2015

Origin successfully completes Retail Shortfall Bookbuild

Origin Energy Limited (Origin) today announced the successful completion of the retail shortfall bookbuild (Retail Shortfall Bookbuild) for the retail component of its fully underwritten 4 for 7 pro rata accelerated renounceable entitlement offer of new Origin ordinary shares (New Shares).

Approximately 100 million New Shares were available in the Retail Shortfall Bookbuild, which was conducted today. The bookbuild was well supported with a clearing price of $5.35 per New Share. This is a premium of $1.35 above the offer price of $4.00.

The Retail Shortfall Bookbuild represents the final stage of Origin’s equity raising announced on Wednesday 30 September 2015. The Entitlement Offer has raised gross proceeds of $2.5 billion.

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Contacts

Media
Lina Melero
General Manager, External Affairs
Ph: +61 2 8345 5217
Mobile: +61 427 017 798

Investors
Peter Rice
General Manager, Capital Markets
Ph: Ph: +61 2 8345 5308
Mobile: +61 417 230 306


About Origin Energy

Origin Energy (ASX: ORG) is the leading Australian integrated energy company with market leading positions in energy retailing (approximately 4.3 million customers), power generation (approximately 6,000 MW of capacity owned and contracted) and natural gas production (1,093 PJ of 2P reserves and annual production of 82 PJe). To match its leadership in the supply of green energy, Origin also aspires to be the number one renewables company in Australia.

Through Australia Pacific LNG, its incorporated joint venture with ConocoPhillips and Sinopec, Origin is developing Australia’s biggest CSG to LNG project based on the country’s largest 2P CSG reserves base.