AI assistant
GOODMAN GROUP — Capital/Financing Update 2012
Nov 8, 2012
64998_rns_2012-11-08_75d1a18d-cac0-49dc-9166-dfdee4f2da66.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [82 x 74] intentionally omitted <==
==> picture [180 x 35] intentionally omitted <==
Goodman successfully completes $400 million institutional placement
Date 9 November 2012 Release Immediate
Goodman Group (Goodman or Group) today announces the successful completion of a $400 million institutional placement to fund identified long term growth opportunities in a sustainable manner.
Goodman has successfully completed a $400 million institutional placement of approximately 94.1 million securities at a fixed price of $4.25 per security ( Placement ).
Mr Greg Goodman, Group Chief Executive Officer, said “We are very pleased with the overwhelming level of participation of existing and new investors in the Placement. Following the Group’s strong operational performance, the Placement, alongside the other capital management initiatives announced, will facilitate the continued expansion of Goodman’s global operating platform and the delivery of sustainable long term EPS growth.”
The Placement securities will settle on 14 November 2012, with allotment to occur on 15 November 2012 from which time they will rank equally with existing Goodman securities. Macquarie Capital (Australia) Limited acted as sole underwriter, lead manager and bookrunner for the Placement.
In addition to the Placement, Goodman intends to offer all eligible Australian and New Zealand securityholders on the register at 7:00 pm (AEDT) on 7 November 2012 the opportunity to subscribe for up to $13,000 of additional Goodman securities under a Security Purchase Plan ( SPP ) (subject to ASIC relief being obtained). Securities under the SPP will be offered at the same price as the Placement ($4.25 per security) under documents to be distributed to eligible Securityholders.
- Ends –
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
For further information, please contact;
Mathew Werner Group Corporate Communications Tel: + 61 2 9230 7400
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.
2