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CENTURIA CAPITAL GROUP — Capital/Financing Update 2019
Mar 25, 2019
64677_rns_2019-03-25_1578b12b-b70a-42b4-9d84-a556399687e8.pdf
Capital/Financing Update
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26 March 2019
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360 Capital Group Centuria Exercises Remaining Call Option Over Unlisted Funds
The Board of 360 Capital Group Limited (ASX: TGP) (Group) announces that it has received the final call option proceeds of $20.3 million from Centuria (ASX: CNI) being units in 111 St Georges Terrace, Perth.
Furthermore, the Group will receive $2.8 million in April from staff repaying the final loans under the 2013 Employee Share Plan.
The Group is well positioned to execute its expanded strategy of being a fund manager and investor of alternative assets and take advantage of opportunities in the marketplace with approximately $180 million in cash with no borrowings.
More information on the Group can be found on the ASX’s website at www.asx.com.au using the Group’s ASX code “TGP”, on the Group’s website www.360capital.com.au, by calling the 360 Capital investor enquiry line on 1300 082 130 or by emailing [email protected]
Alternatively, please contact:
Glenn Butterworth
Tony Pitt Glenn Butterworth Managing Director Chief Financial Officer 360 Capital Group 360 Capital Group +61 2 8405 8860 +61 2 8405 8860
About 360 Capital Group (ASX: TGP)
360 Capital Group is an ASX-listed, alternative asset investment and funds management group concentrating on strategic investment and active investment management of alternative assets. The Group actively invests in real estate debt and equity and is expanding its investment universe into public and private equity as well as investing in credit strategies.
360 Capital Group Incorporating 360 Capital Group Limited ABN 18 113 569 136 & 360 Capital Investment Trust ARSN 104 552 598
Level 8, 56 Pitt Street Sydney NSW 2000 | T +61 2 8405 8860 | Fax +61 2 9238 0354 | E [email protected] | W www.360capital.com.au