PointsBet (ASX: $PBH) Second Capital Return Announcement

PointsBet Holdings Limited (ASX: $PBH) has confirmed the Second Capital Return of A$127 million, equivalent to A$0.39 per share, following the approval at the Extraordinary General Meeting held on 29 August 2023. The Board's decision is based on ensuring sufficient capital for the Company's ongoing operational and strategic plans.

Executive Commentary on Second Capital Return

The Company is pleased to announce the Second Capital Return, reflecting our commitment to delivering value to our shareholders. The Board's careful consideration of the amount per share aligns with our focus on maintaining the necessary capital for executing our operational and strategic objectives.

Summary of PointsBet (ASX: $PBH) Second Capital Return

PointsBet Holdings Limited (ASX: $PBH) has announced the Second Capital Return of A$127 million, equivalent to A$0.39 per share, in line with the approval from the Extraordinary General Meeting. The Board's decision reflects the Company's dedication to ensuring adequate capital for its ongoing operational and strategic plans. Shareholders are encouraged to update their bank account details with Computershare to facilitate the distribution of the Second Capital Return funds. PointsBet continues to focus on delivering innovative sports and racing wagering products and iGaming, maintaining its commitment to providing value to its shareholders.