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INGENIA COMMUNITIES GROUP Capital/Financing Update 2013

Oct 16, 2013

65125_rns_2013-10-16_2de72f98-55cc-4829-ad86-be86cd4ce18a.pdf

Capital/Financing Update

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ASX / Media Release
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17 October 2013

- Ingenia completes $61.7m Non Renounceable Rights Issue

Highlights

  • $61.7 million raised via Rights Issue for MHE portfolio expansion

  • Rights Issue heavily oversubscribed with 169.1 million new securities issued

  • MHE portfolio expansion is progressing – the Group is now in advanced due diligence on the eight acquisitions underpinning the Rights Issue

  • Additional funding capacity approved with $47.5 million increase in Australian debt facility

Ingenia Communities (ASX: INA) today announced the completion of the Group’s 1 for 3 Non-Renounceable Rights Issue (the Rights Issue) which raised $61.7 million through the issue of 169.1 million Offer Securities to Eligible Securityholders at an issue price of $0.365 per Offer Security. The Offer was fully underwritten by RBS Morgans and Petra Capital.

Ingenia further advises that the allotment of securities was completed yesterday and holding statements will be dispatched today in accordance with the published timetable.

Pursuant to ASX Listing Rules, Ingenia advises the following:

  1. The date of allotment and number of securities:

  2. (a) Allotment Date: 16 October 2013

  3. (b) Number of Securities issued: 169,061,038 fully paid stapled securities at $0.365 per security

  4. (c) Dispatch of Holdings Statements: 17 October 2013

  5. Quoted securities of the Group following the above issue and allotment:

  6. (a) 676,240,232 fully paid stapled securities

A statement setting out the names of the 20 largest holders of fully paid stapled securities and the percentage held by each following the allotment, is attached.

The Rights Issue was heavily oversubscribed with valid applications received for 213.9 million new securities. Participation in the Rights Issue was high with 91% securityholder take-up (by overall value) and a significant number of applicants applied for additional new securities. The principles for allocating additional securities were to provide applicants with a minimum allocation and thereafter a percentage of their holding in new additional securities.

As announced last month, the Rights Issue was undertaken for the acquisition of a further eight manufactured home estates in NSW. The Group is now in advanced due diligence on

Level 5, 151 Castlereagh St, T 1300 132 946 Sydney NSW 2000, Australia E [email protected]

www.ingeniacommunities.com.au

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these opportunities and anticipates making further announcements on the transactions in the coming months.

In late September 2013, the Group also received a credit approved offer from its Australian lender for a $47.5m facility increase taking the facility limit to $129.5m.

Ingenia Chief Executive Officer Simon Owen said: “We are pleased to have had such strong demand from our existing securityholders for the Offer Securities. The equity raised through the Rights Issue, combined with our additional debt funding capacity, positions Ingenia to continue to capitalise on the accretive opportunities we have identified as we accelerate the creation of a market leading MHE portfolio. We are well placed to continue to expand the portfolio and to increase the Group’s exposure to cash yielding affordable seniors living communities.”

For further information please contact: Simon Owen Lenny Chen Chief Executive Officer Investor Relations & Marketing Manager P 02 8263 0501 P 02 8263 0507 M 0412 389 339 M 0415 254 311

About Ingenia Communities Group

Ingenia Communities Group (ASX Code: INA) is a stapled property group comprising Ingenia Communities Holdings Limited (ACN 154 444 925), Ingenia Communities Fund (ASRN 107 459 576) and Ingenia Communities Management Trust (ARSN 122 928 410). The

Responsible Entity for each scheme is Ingenia Communities RE Limited (ACN 154 464 990) (AFSL415862).

Ingenia Communities Group is a leading operator, owner and developer of a diversified portfolio of seniors housing communities. It has 44 assets in Australia, comprising over 3,200 units.

Level 5, 151 Castlereagh St, Sydney NSW 2000, Australia

T 1300 132 946

www.ingeniacommunities.com.au

E [email protected]

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PAGE NUMBER : 1 REPORT DATE : 16/10/2013 REPORT TIME : 07.31.24

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INGENIA COMMUNITIES GROUP

INGENIA COMMUNITIES GROUP
FIRST 20 INVESTORS REPORT
WEDNESDAY 16 OCTOBER 2013
Current
Rank
Investor
Balance
Security: INA - STAPLED SECURITY
1
J P MORGAN NOMINEES AUSTRALIA
96,328,992
LIMITED
2
NATIONAL NOMINEES LIMITED
83,850,561
3
AUST EXECUTOR TRUSTEES SA LTD
62,127,672

4
JP MORGAN NOMINEES AUSTRALIA
47,234,814
LIMITED

5
HSBC CUSTODY NOMINEES
28,063,022
(AUSTRALIA) LIMITED
6
CITICORP NOMINEES PTY LIMITED
24,767,203

7
MERCANTILE INVESTMENT COMPANY
19,514,519
LTD
8
CITICORP NOMINEES PTY LIMITED
17,679,891
9
MCNEIL NOMINEES PTY LIMITED
16,400,531
10
BNP PARIBAS NOMS (NZ) LTD
14,608,249

11
RBC INVESTOR SERVICES
13,305,607
AUSTRALIA NOMINEES PTY LIMITED

12
MERCANTILE INVESTMENT COMPANY
13,103,817
LTD
13
BNP PARIBAS NOMS PTY LTD
11,202,443

14
MIRRABOOKA INVESTMENTS LIMITED
10,406,452
15
UBS NOMINEES PTY LTD
8,996,300
16
GWYNVILL TRADING PTY LTD
6,666,667
17
BLUEFLAG HOLDINGS PTY LTD
5,333,334

18
CUSTODIAL SERVICES LIMITED
5,215,523

19
BOND STREET CUSTODIANS LIMITED
3,183,542
% Issued
Capital
14.24%
12.40%
9.19%
6.98%
4.15%
3.66%
2.89%
2.61%
2.43%
2.16%
1.97%
1.94%
1.66%
1.54%
1.33%
.99%
.79%
.77%
.47%

Confidential - Link Market Services Limited

PAGE NUMBER : 2 REPORT DATE : 16/10/2013 REPORT TIME : 07.31.24

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INGENIA COMMUNITIES GROUP

INGENIA COMMUNITIES GROUP
Rank
20
FIRST 20 INVESTORS REPORT
WEDNESDAY 16 OCTOBER 2013
Current
Investor
Balance
BODIAM PROPERTIES PTY LTD
3,123,000
% Issued
Capital
.46%
Investors
TOTAL FOR TOP 20:
491,112,139
20
72.62%
Investors
TOTAL IN THIS REPORT:
491,112,139
20
TOTAL OTHER INVESTORS:
185,128,093
3,740
GRAND TOTAL:
676,240,232
3,760
end of report
72.62%
27.38%
100.00%

Confidential - Link Market Services Limited