Short Term Trading Week Starting: 19 Sept, page-97

IAM - Announcement

HEADS OF AGREEMENT WITH SENTRY GROUP HIGHLIGHTS

• Intiger Group executes a Heads of Agreement with Sentry Group, one of Australia’s leading independently owned financial planning groups. 

• The Sentry Group has $5 billion in funds under advice and over 400 corporate and individual authorised representatives nationwide.

• The Heads of Agreement provides the framework for the development and delivery of a centralised Sentry Group back office administration and paraplanning solution via the Intiger Group’s offshore processing platforms & proprietary software LiLLY and KLiP. 

• Following completion of the acquisition of the Intiger Group and readmission to quotation on ASX funding is now in place to accelerate business development and implementation activities.

The revenue alone from this deal should see the first NPAT milestone hit quite easily for Intiger.