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INGENIA COMMUNITIES GROUP — Capital/Financing Update 2015
Sep 2, 2015
65125_rns_2015-09-02_59b906ce-161d-4899-9e6f-debbc7f9f367.pdf
Capital/Financing Update
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3 September 2015
Ingenia announces outcome of Distribution Reinvestment Plan
Ingenia Communities Group (ASX: INA) advises that, as announced on 25 August 2015, the Group’s Distribution Reinvestment Plan (DRP) was open for the June 2015 distribution.
Consistent with revised Plan Rules effective from 24 August 2015, the issue price of securities under the Plan, of 43 cents per security, is calculated as a 2% discount to the adjusted VWAP in the five business days up to and including 1 September 2015.
Based on the securityholder election notices received, the take-up under the Plan represents 30% participation by the Register and will result in the issue of 4.3 million new stapled securities. The securities issued under the Plan will be allotted on 16 September 2015.
ENDS
For further information please contact Donna Byrne Group Investor Relations Manager P 02 8263 0507 M 0401 711 542 [email protected]
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).
Level 5, 151 Castlereagh St, T 1300 132 946 Sydney NSW 2000, Australia E [email protected]