NGI navigator global investments limited

News: NGI Navigator Global Investments Says Co To Settle 2026 Redemption Payment

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    June 15 (Reuters) - Navigator Global Investments Ltd (NGI) :

    • CO TO SETTLE 2026 REDEMPTION PAYMENT AND ACQUIRE REMAINING DISTRIBUTIONS FROM A PORTFOLIO OF STRATEGIC INVESTMENTS
    • SIGNED A BINDING TERM SHEET WITH DYAL CAPITAL
    • FY23 ADJUSTED EBITDA NOW EXPECTED TO BE A$47.0 MILLION -A$48.0 MILLION WHICH IS ABOVE PREVIOUS GUIDANCE
    • UNDER TERM SHEET, DYAL WILL RECEIVE TOTAL CONSIDERATION OF A$200 MILLION
    • TERM SHEET TO ACCELERATE & RESTRUCTURE OUTSTANDING 2026 REDEMPTION PAYMENT TO DYAL
    • CONSIDERATION WILL BE FUNDED THROUGH A$120 MILLION PLACEMENT TO DYAL AT A$1.40
    • AFTER TRANSACTION CLOSE, DYAL IS EXPECTED TO OWN UP TO 46.5% OF NAVIGATOR ORDINARY SHARES
 
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(20min delay)
Last
$1.86
Change
0.020(1.09%)
Mkt cap ! $911.5M
Open High Low Value Volume
$1.82 $1.88 $1.82 $391.5K 210.8K

Buyers (Bids)

No. Vol. Price($)
1 1536 $1.86
 

Sellers (Offers)

Price($) Vol. No.
$1.89 6850 1
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Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
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