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BEACON LIGHTING GROUP LIMITED — Capital/Financing Update 2015
Aug 3, 2015
64534_rns_2015-08-03_cfa34a99-563c-4fae-9c4f-e57181e9e341.pdf
Capital/Financing Update
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ASX Announcement / Media Release
4[th] August 2015
Beacon Lighting Group To Acquire Two Franchised Stores
Beacon Lighting Group (ASX:BLX) is pleased to announce it has agreed to terms for the acquisition of two Beacon Lighting Franchised stores. The stores, located at Watergardens Homemaker Centre (VIC) and Essendon Homemaker Hub (VIC), were operated by the same franchisee. Having traded for more than 14 and 9 years respectively, they have developed a solid customer base over that time.
These stores will commence trading as company operated stores from 28[th] September 2015 and represent a further opportunity for the Group to grow.
Beacon Lighting is pleased to bring these two Franchised stores back into its core retail operation.
For further information please contact:
Glen Robinson or Chief Executive Officer Beacon Lighting Ph: (03) 9368 1000
David Speirs Chief Financial Officer Beacon Lighting (03) 8561 1555
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