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CHARTER HALL GROUP — Capital/Financing Update 2017
May 23, 2017
64645_rns_2017-05-23_fbc81054-745a-4aba-a45c-b7840ebd283a.pdf
Capital/Financing Update
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ASX Release
Completion of Security Purchase Plan
24 May 2017
Charter Hall Limited ACN 113 531 150 Charter Hall Funds Management Limited ABN 31 082 991 786 Level 20, No.1 Martin Place Sydney NSW 2000 GPO Box 2704 Sydney NSW 2001 T +61 2 8651 9000 F +61 2 9221 4655 www.charterhall.com.au
Charter Hall Group (ASX:CHC) (Charter Hall or the Group) today announces the successful completion of its Security Purchase Plan ( SPP ). The SPP was announced on 28 April 2017 in connection with the Group’s $275 million institutional placement.
A total of $15.76 million was raised under the SPP, with 2,876,847 new securities to be issued to eligible applicants on 25 May 2017 at an issue price of $5.48, being the issue price for securities issued under the placement. Given that the amount raised was not materially higher than the $15 million target, it was determined to satisfy all applications in full rather than undertake a scale-back.
The new securities will rank equally with existing securities from issue and will be entitled to the full distribution for the six months to 30 June 2017.
About Charter Hall
Charter Hall Group (ASX:CHC) is one of Australia’s leading fully integrated property groups, with over 25 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has over $19.0 billion of funds under management across the office, retail and industrial sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.
The Group’s success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group.
For further information, please contact
For further information, please contact For media enquiries, please contact For investor enquiries, please contact David Harrison Angus Booth Philip Cheetham Managing Director and Group CEO Group Manager - External Affairs Head of Listed Investor Relations Charter Hall Charter Hall Charter Hall T +61 2 8651 9142 T +61 2 8651 9223 T +61 2 8651 9214 [email protected] [email protected] [email protected]
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