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MACQUARIE TECHNOLOGY GROUP LIMITED — Major Shareholding Notification 2017
Mar 27, 2017
65295_rns_2017-03-27_666141a7-f8ac-4255-85b0-d7feb9ffdb50.pdf
Major Shareholding Notification
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ASX Announcement 28 March 2017
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Macquarie Telecom Welcomes New Shareholders
Macquarie Telecom Group Limited (ASX: MAQ) (the Company) has become aware that Vocus Group Limited (ASX: VOC) has sold its interest in 3,358,511 MAQ shares, representing 100% of its interest in those shares and 16% of MAQ’s issued share capital.
The Company understands that the shares were sold via a block trade at $12.20 per share to a broad range of new institutional and retail shareholders.
Macquarie Telecom welcomes the release of these shares as it will increase the trading liquidity in MAQ shares and improve the diversity of its shareholder register.
Chairman Peter James said “we welcome our new shareholders and are confident that they will benefit from our strategic and operational plans that continue to deliver strong growth in Macquarie Telecom’s revenue and profitability.”
Chief Executive David Tudehope said “we are confident that all our shareholders will benefit from the continued growth in our hybrid IT and telecom businesses, including in particular the strong growth we have in our hosting revenue. We are experiencing continued improvement in data centre asset utilisation and with strong operational leverage this is driving ongoing growth in profitability.”
About Macquarie Telecom Group
We’re Australia’s data centre, cloud, cyber security and telecom company for mid to large business and government customers. The way we do this is completely different from our competitors… we provide the best customer service in Australia.
Level 15 2 Market Street Sydney NSW 2000
macquarietelecomgroup.com