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CENTURIA CAPITAL GROUP — Capital/Financing Update 2017
Oct 24, 2017
64677_rns_2017-10-24_2bf77430-eb5d-41ef-ab49-71e6f9c315ee.pdf
Capital/Financing Update
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Australian Securities Exchange - Company Announcements Platform
Centuria Capital Group
Centuria completes Retail Entitlement Offer
Sydney, 25 October 2017
Centuria Capital Group ( Centuria ) (ASX:CNI) is pleased to announce the successful completion of the retail component of its 1 for 4.90 accelerated non-renounceable pro-rata entitlement offer of new Centuria stapled securities ( Securities ) announced on Wednesday, 4 October 2017 ( Entitlement Offer ).
The retail component of the Entitlement Offer ( Retail Entitlement Offer ) closed at 5:00 pm on Friday, 20 October 2017 raising approximately $24 million at $1.28 per Security. Together with the institutional component of the Entitlement Offer, the total amount raised is approximately $60 million.
The Entitlement Offer was strongly supported by retail securityholders, with the take up rate of entitlements and applications for additional Securities by eligible retail securityholders exceeding the total available Securities in the Retail Entitlement Offer.
Securities issued under the Retail Entitlement Offer will rank equally with existing Securities. The Securities issued under the Retail Entitlement Offer are expected to be allotted on Friday, 27 October 2017 and to commence trading on the ASX on Monday, 30 October 2017.
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For more information or to arrange an interview, please contact:
James Lonie Natalie Powell Company Secretary Chief Marketing Officer Centuria Capital Limited Centuria Capital Limited Phone: 02 8923 8910 Phone: 02 8923 8936 Email: [email protected]
About Centuria Capital Group
Centuria Capital Group ( CNI ) is an ASX-listed specialist investment manager with $4.2 billion in funds under management. We offer a range of investment opportunities including listed and unlisted property funds as well as taxeffective investment bonds. Our drive, allied with our in-depth knowledge of these sectors and intimate understanding of our clients, allows us to transform opportunities into rewarding investments.
Any forward-looking statements included in this announcement involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside the control of, and are unknown to, CNI and its directors. In particular, they speak only as of the date of this announcement, they assume the success of CNI’s business strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties, risks and other factors. Actual future events may vary materially from forward looking statements and assumptions on which those statements are based. Other than as required by law, although they believe there is a reasonable basis for the forward-looking statements, neither CNI nor its directors, officers, employees or any related body corporate, gives any representation, assurance or guarantee (express or implied) as to the accuracy or completeness of any forward-looking statement or that the occurrence of any event, result, performance or achievement will actually occur. Recipients are cautioned not to place undue reliance on such forward-looking statements.
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