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CENTURIA CAPITAL GROUP — M&A Activity 2021
May 24, 2021
64677_rns_2021-05-24_a088944b-3fdf-410e-a634-cda3f367ea2d.pdf
M&A Activity
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Centuria Capital Group (CNI)
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Takeover bid by Centuria for Primewest – Change of control defeating condition fulfilled
SYDNEY (Tuesday, 25 May 2021) - Centuria Capital Limited (ACN 095 454 336) and Centuria Funds Management Limited (ACN 607 153 588) as responsible entity for Centuria Capital Fund (ARSN 613 856 358) (together, Centuria ) refers to its previously announced off-market takeover bid for all of the stapled securities in Primewest Group Limited (ACN 636 344 137) and the Primewest Property Fund (ARSN 636 405 635) whose responsible entity is Primewest Management Ltd (ACN 091 415 833) (together, Primewest ) ( Centuria Offer ).
“Change of control” defeating condition to takeover bid fulfilled
Centuria refers to the “change of control” bid condition[1] and announces that the various counterparty change of control consents, approvals or waivers required under the material financing arrangements, contracts or instruments to which a fund or entity managed by a Primewest group member is a party, have now been obtained.
Accordingly, pursuant to section 630(5)(b) and as required by section 630(4) of the Corporations Act 2001 (Cth), Centuria hereby gives notice that the Change of control defeating condition to the Centuria Offer has been fulfilled (so that the Centuria Offer has become free of that condition).
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| For more information or to arrange an interview, please contact: | For more information or to arrange an interview, please contact: | |
|---|---|---|
| John McBain | Tim Mitchell | Alexandra Koolman |
| Joint CEO | Group Head of Investor Relations | Group Communications Manager |
| Centuria Capital Limited | Centuria Capital Limited | Centuria Capital Limited |
| Phone: 02 8923 8923 | Phone: 02 8923 8923 | Phone: 02 8923 8923 |
| Email: [email protected] | Email: [email protected] | Email: [email protected] |
Announcement authorised by Anna, Kovarik, Company Secretary.
About Centuria Capital Group
Centuria Capital Group (CNI) is a leading real estate funds manager with a unique Australasian focus and over $10 billion of assets under management. We offer a range of investment opportunities including listed and unlisted real estate funds as well as tax-effective 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 meaningful investments.
www.centuria.com.au
1 As set out in full in section 11 of Appendix 2 of Centuria’s bidder’s statement dated 14 May 2021.
Centuria Capital Group Consisting of: Centuria Capital Limited ABN 22 095 454 336 Centuria Capital Fund ARSN 613 856 358
Level 41, Chifley Tower T: 02 8923 8923 E: [email protected] 2 Chifley Square, Sydney NSW 2000 F: 02 9460 2960 www.centuria.com.au