Virgin Blue issues shares following completion of institutional placement of shares

Virgin Blue announced it issued 36.8 million ordinary shares to the Virgin Group in connection with its institutional placement of shares and 15.3 million ordinary shares in connection with its ineligible shareholder nominee process on 08-Sep-09. [more] The carrier also confirmed its allotment of ordinary shares under the retail entitlement offer took place on 08-Sep-09. Virgin Blue stated that, to ensure fairness among all shareholders, where eligible retail shareholders made applications for additional new shares in excess of their entitlement, a scale back has been applied. [more]