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ASX LIMITED — Capital/Financing Update 2016
Sep 26, 2016
64439_rns_2016-09-26_c1589efa-cc8a-4e42-875d-81b9f4e41a3a.pdf
Capital/Financing Update
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27 September 2016
Australian Securities and Investments Commission Mr Oliver Harvey Senior Executive Leader, Financial Market Infrastructure Level 5, 100 Market Street SYDNEY NSW 2000
ASX Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000
ASX PARTICIPATION IN IRESS LIMITED SHARE PLACEMENT
IRESS Limited yesterday announced an $85 million institutional share placement to fund the acquisition of Financial Synergy, a provider of software to the Australian superannuation industry.
Completion of the share placement bookbuild was announced earlier today. ASX is acquiring approximately 1.4 million shares for consideration of $16.2 million at the placement price of $11.35 per share. ASX’s shareholding in IRESS is 19.1%.
Amanda J. Harkness
Group General Counsel & Company Secretary
20 Bridge Street Sydney NSW 2000
ASX Limited ABN 98 008 624 691
www.asx.com.au Customer service 13 12 79