CENTURIA CAPITAL GROUP — Capital/Financing Update 2018

Oct 10, 2018

==> picture [593 x 85] intentionally omitted <==

Australian Securities Exchange – Company Announcements Platform

Centuria Capital Group

Successful completion of placement and institutional entitlement offer

Sydney, 11 October 2018

Centuria Capital Group (ASX: CNI ) is pleased to announce the successful completion of the underwritten institutional placement ( Placement ), and the institutional component of the accelerated non-renounceable entitlement offer announced on 10 October 2018. The Placement raised $20.3 million and the Institutional Entitlement Offer raised approximately $52.6 million.

The retail component of the offer ( Retail Entitlement Offer ) will open on Tuesday, 16 October 2018 and is expected to raise approximately $27.1 million, providing a total equity raising ( Equity Raising ) of $100 million.

Placement

The Placement received strong demand from new and existing institutional investors. Approximately 15.6 million securities will be issued under the Placement at a fixed price of $1.30 per security. Securities issued under the Placement will be allotted on Tuesday, 23 October 2018, will rank equally with existing securities on issue and will be entitled to the full distribution for the six months ending 31 December 2018. CNI confirms the Placement is within its Listing Rule 7.1 capacity and therefore does not need securityholder approval.

Institutional Entitlement Offer

The Institutional Entitlement Offer was well supported by existing institutional securityholders. The shortfall under the Institutional Entitlement Offer attracted strong demand, with broad support from both existing and new institutional securityholders. Approximately 40.5 million securities will be issued under the Institutional Entitlement Offer.

Securities issued under the Institutional Entitlement Offer are issued at the same price as the Retail Entitlement Offer (being $1.30 per security) and will be allotted on the same date (Tuesday, 23 October 2018) as those issued under the Placement.

Retail Entitlement Offer

Eligible retail securityholders can participate in the Retail Entitlement Offer at the same price ($1.30 per security) and offer ratio (1 for 5) as the Institutional Entitlement Offer. Eligible retail securityholders' entitlements will be determined according to their ownership on the Record Date for the Retail Entitlement Offer (Friday, 12 October 2018).

Further detail on the Retail Entitlement Offer will be provided in the retail offer booklet, which will be despatched to eligible retail securityholders by Tuesday, 16 October 2018. The offer closes at 5.00pm (Sydney time) on Friday, 26 October 2018.

==> picture [456 x 47] intentionally omitted <==

==> picture [593 x 85] intentionally omitted <==

Retail securityholders with questions about the offer should call the Centuria Offer Information Line on 1300 171 799 (from within Australia) or +61 3 9415 4104 (from outside Australia) between 8.30am and 5.00pm (Sydney time), Monday to Friday during the retail offer period (Tuesday, 16 October 2018 to Friday, 26 October 2018) or visit centuria.com.au.

Resumption of trading

CNI securities are expected to resume trading on the ASX from market open today (Thursday, 11 October 2018).

– Ends –

For more information or to arrange an interview, please contact:

John McBain

CEO

Centuria Capital Limited Phone: 02 8923 8910 Email: john.mcbain@centuria.com.au

About Centuria Capital Group

Centuria Capital Group ( CNI ) is an ASX-listed specialist investment manager with $5.5 billion in assets 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.

www.centuria.com.au

==> picture [456 x 47] intentionally omitted <==