The Lottery Corporation
ASX Code
TLC
Sector
Consumer Services
Investor Centre
https://www.thelotterycorporation.com/investors
Website
https://www.thelotterycorporation.com/
About
The Lottery Corporation (ASX:TLC) is listed on the Australian Securities Exchange (ASX) on a deferred settlement basis. This is happening because of our demerger from Tabcorp Holdings Limited. The Demerger of The Lottery Corporation Limited (ASX: TLC, The Lottery Corporation) from Tabcorp Holdings Limited (Tabcorp) is effective from 23 May 2022 by way of Scheme of Arrangement in line with the Tabcorp Demerger Booklet dated 31 March 2022 (Demerger). Under the Demerger, Eligible Shareholders were entitled to one of The Lottery Corporation share for each Tabcorp share they held at the Record Date of 25 May 2022. The Demerger enabled each Eligible Shareholder to have separate investments in two companies, which at the time of the Demerger being implemented were:
- The Lottery Corporation operating the Lotteries and Keno businesses.
- Tabcorp operating the Wagering and Media, and Gaming Services businesses.
News
3 Companies IML Is Backing Whichever Way the Wind Blows |
Airlie FM Sector Spotlight: Tabcorp |
TLC - Morgans rates the stock as Add |
TLC - Morgan Stanley rates the stock as Overweight |