INA ingenia communities group

News: INA Ingenia Communities Group Announces $131.1 Million Equity Raising

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    Oct 16 (Reuters) - Ingenia Communities Group (INA) :

    • ANNOUNCES $131.1 MILLION EQUITY RAISING
    • FY20 EBIT GUIDANCE INCREASED TO 15-20% GROWTH
    • FY20 UNDERLYING EPS GUIDANCE MAINTAINED AT 5-10% GROWTH
    • FUNDS RAISED WILL BE USED TO BUY SIX ASSETS WHICH HAVE A TOTAL PURCHASE PRICE OF APPROXIMATELY A$102.7 MILLION
    • ACQUISITION ACCRETIVE TO UNDERLYING EPS IN FY21
 
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