AI assistant
DGL GROUP LIMITED — Capital/Financing Update 2021
Sep 30, 2021
64770_rns_2021-09-30_bbb6b564-ed4e-42a1-b8f9-8ab6a54c40c3.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [596 x 99] intentionally omitted <==
ASX RELEASE
1 October 2021
Aquapac Acquisition Complete & Cleansing Statement
DGL Group Limited (ASX:DGL) (NZX:DGC), is pleased to announce that it has completed the acquisition of Aquapac Pty Ltd.
As part of the acquisition, DGL has today issued fully paid ordinary shares to former Aquapac shareholders as part consideration which are subject to 6 months escrow.
Further shares were issued today to settle the deferred settlement of Labels Connect (previously announced 5 July), an executive sign on bonus and in relation to performance reviews of senior management.
An Appendix 2A for the issue of the above shares follows this announcement.
Notice Under Section 708A
The Company gives notice relating to the issue of securities as identified below.
The above-mentioned shares were issued without disclosure to investors under Part 6D.2, in reliance on section 708A (5) of the Corporations Act.
The Company, as at the date of this notice, has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act.
The Company has complied with the relevant provisions of Chapter 2M and Section 708A (7) and 708A (8) of the Corporations Act.
- ENDS -
Approved for release by the Board of DGL.
CONTACT
Andrew Draffin DGL Group Limited +61 409 199 648 or [email protected]
DGL Environmental Solutions DGL Chemical Manufacturing 201 Five Islands Road 120 Fulton Drive Unanderra, NSW 2526 Derrimut, VIC 3026 Wollongong, Australia Melbourne, Australia
DGL Group Head Office Level 12, 63 Albert Street Auckland 1010, New Zealand p +64 9 309 9254
DGL Warehousing and Distribution 739 Progress Road Wacol, QLD 4076 Brisbane, Australia
==> picture [596 x 99] intentionally omitted <==
ABOUT DGL GROUP LIMITED
DGL is a well-established, founder-led, end to end chemicals business that manufactures, transports, stores and manages the processing of chemicals and hazardous waste. The Company operates a network of 26 sites, both owned and leased, across Australia and New Zealand. The Company has a strong track record of revenue and earnings growth. Total proform revenue was $180.1 million in FY20 and is forecast to increase to $209.7 million in FY22.
DGL Warehousing and Distribution 739 Progress Road Wacol, QLD 4076 Brisbane, Australia
DGL Environmental Solutions 201 Five Islands Road Unanderra, NSW 2526 Wollongong, Australia
DGL Chemical Manufacturing 120 Fulton Drive Derrimut, VIC 3026 Melbourne, Australia
DGL Group Head Office Level 12, 63 Albert Street Auckland 1010, New Zealand p +64 9 309 9254