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FLEETPARTNERS GROUP LIMITED — Capital/Financing Update 2019
Jul 30, 2019
64940_rns_2019-07-30_01ee91fd-bbff-47de-b5b6-44c1074282d1.pdf
Capital/Financing Update
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Level 32, 1 O’Connell Street Sydney NSW 2000
Eclipx Group Limited | ABN: 85 131 557 901
31 July 2019
ASX Release
Market Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000
ECLIPX COMPLETES THE SALE OF GRAYSONLINE AND AREYOUSELLING TO QUADRANT PRIVATE EQUITY
Further to the ASX release dated 5 July 2019, Eclipx Group Limited (ASX: ECX, “Eclipx”) today confirms completion of the sale of GraysOnline and AreYouSelling to Quadrant Private Equity for an enterprise value of A$60 million.
The net proceeds from these divestments will be applied to reduce Eclipx’s Corporate Debt facilities.
ENDS
| Media enquiriesJohn Frey, GRACosway0411361361[email protected] | Investor enquiriesJason MuhsEclipx GroupActing Chief Financial Officer[email protected]0438742757 |
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About Eclipx
About Eclipx: Eclipx is a leading provider of fleet, equipment leasing and management and vehicle rentals services to corporate, SME and consumers in Australia and corporate and SME customers in New Zealand.