AI assistant
ASX LIMITED — Capital/Financing Update 2014
Nov 27, 2014
64439_rns_2014-11-27_39dd9c0b-7226-4047-9561-5c2abbcea091.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [45 x 68] intentionally omitted <==
28 November 2014
Australian Securities and Investments Commission Mr Oliver Harvey Senior Executive, Financial Market Infrastructure Level 5, 100 Market Street SYDNEY NSW 2000
ASX Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000
ASX COMPLETES INVESTMENT IN YIELDBROKER
ASX has today successfully completed its acquisition of a 49% shareholding in Yieldbroker for a total of $65 million.
ASX’s proposal to make the investment was announced to the market on 18 September 2014. The investment makes ASX a shareholder in Yieldbroker alongside ANZ, CBA, Citi, Deutsche Bank, J.P. Morgan, Macquarie, NAB, Royal Bank of Canada, Royal Bank of Scotland, Toronto Dominion, UBS and Westpac, who will remain equal shareholders.
ASX's 49% stake is non-controlling and Yieldbroker remains independently managed. The investment is funded from ASX’s existing cash and is expected to be broadly EPS neutral in the first full-year.
Amanda J Harkness
Group General Counsel & Company Secretary
For further inquiries, contact:
Media
Finance/Investor Relations
Mr Matthew Gibbs Mr Stephen Hammon General Manager, Media and Communications General Manager, Finance Tel: +61 2 9227 0218 Tel: +61 2 9227 0260 Mobile: +61 411 121 219 Mobile: +61 488 212 755 [email protected] [email protected] http://www.asx.com.au/about/media-releases.htm http://www.asx.com.au/about/investor-relations.htm
==> picture [561 x 72] intentionally omitted <==
----- Start of picture text ----- ASX Limited 20 Bridge Street www.asx.com.au T +61 2 9227 0000ABN 98 008 624 691 Sydney NSW 2000 Customer service 13 12 79----- End of picture text -----