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DGL GROUP LIMITED — Capital/Financing Update 2022
Feb 28, 2022
64770_rns_2022-02-28_1aeebc2d-0fbc-4194-ad0f-5ff9a2501819.pdf
Capital/Financing Update
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ASX RELEASE
1 March 2022
Australian Logistics Management Acquisition Complete & Cleansing Statement
DGL Group Limited (ASX:DGL) (NZX:DGC), is pleased to announce that it has completed the acquisition of Australian Logistics Management (ALM), previously announced on 17 February 2022.
As part of the acquisition, DGL has today issued 153,186 fully paid ordinary shares to the vendors of ALM as part consideration which are subject to twelve-months escrow from date of issue.
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.
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Approved for release by the Board of DGL.
CONTACT Barbara Furci DGL Group Limited +64 9 309 9254 or [email protected]
MEDIA ENQUIRIES
Cannings Strategic Communications Aileen Bodart: +61 432 160 136 or [email protected] Luis M Garcia: +61 419 239 552 or [email protected]
DGL Group Ltd Level 4, 91 William Street Melbourne, VIC 3000 Melbourne, Australia p +64 9 309 9254
DGL Warehousing and Distribution DGL Environmental Solutions 739 Progress Road 201 Five Islands Road Wacol, QLD 4076 Unanderra, NSW 2526 Brisbane, Australia Wollongong, Australia p +61 7 3548 7905 p +61 2 4247 2100
DGL Chemical Manufacturing 120 Fulton Drive Derrimut, VIC 3026 Melbourne, Australia p +61 3 8369 9999
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ABOUT DGL GROUP LIMITED
DGL is a long-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 54 sites, both owned and leased, across Australia and New Zealand. The company has a strong track record of revenue and earnings growth.
DGL Warehousing and Distribution 739 Progress Road Wacol, QLD 4076 Brisbane, Australia p +61 7 3548 7905
DGL Environmental Solutions 201 Five Islands Road Unanderra, NSW 2526 Wollongong, Australia p +61 2 4247 2100
DGL Chemical Manufacturing 120 Fulton Drive Derrimut, VIC 3026 Melbourne, Australia p +61 3 8369 9999
DGL Group Ltd Level 4, 91 William Street Melbourne, VIC 3000 Melbourne, Australia p +64 9 309 9254