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GOODMAN GROUP — Capital/Financing Update 2012
Dec 18, 2012
64998_rns_2012-12-18_163e367b-82fe-4441-80af-586433c8b1ae.pdf
Capital/Financing Update
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Goodman successfully completes security purchase plan
Date 19 December 2012 Release Immediate
Highlights
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- Security Purchase Plan raises $49 million
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- 100% of eligible applications accepted¹
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- Issue price for new securities will be $4.25
Goodman Group is pleased to advise that it has rasied $49 million under the Security Purchase Plan (SPP) from existing securityholders and that it has accepted all applications which complied with the SPP terms and conditions. Accordingly, there was no scale back.
The SPP follows the institutional placement of Stapled Securtities at $4.25 per security raising $400 million (Placement) which completed on 9 November 2012.
The issue price for new Goodman Stapled Securities issued under the SPP will be $4.25 per security, equal to the institutional placement price. Approximately 11.5 million new Goodman Stapled Securities will be issued to participating eligible securityholders under the SPP. The proceeds of the SPP will further strengthen Goodman’s balance sheet and liquidity position.
Holding statements detailing the allocation of new Goodman Stapled Securities under the SPP are expected to be dispatched on 24 December 2012 by Goodman’s security registry, Computershare.
- Ends –
- A small number of applications were rejected as they were non compliant with the SPP terms and conditions.
For further information, please contact;
Mathew Werner Group Corporate Communications Tel: + 61 2 9230 7400
Goodman Group
Goodman Limited | ABN 69 000 123 071 Goodman Funds Management Limited | ABN 48 067 796 641 | AFSL Number 223621 as responsible entity of Goodman Industrial Trust | ARSN 091213 839 Level 17, 60 Castlereagh Street, Sydney NSW 2000 | GPO Box 4703, Sydney NSW 2001 Australia Tel +61 2 9230 7400 | Fax +61 2 9230 7444
Goodman Logistics (HK) Limited | Company No. 1700359 | ARBN 155 911 149 | a Hong Kong company with limited liability Suite 2008, Three Pacific Place, 1 Queen’s Road East, Hong Kong | Tel +852 2249 3100 | Fax +852 2525 2070
[email protected] | www.goodman.com
About Goodman
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom and North America. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist fund managers of industrial property and business space globally.
Goodman’s global property expertise, integrated own+develop+manage customer service offering and significant fund management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver longterm returns for investors.
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