DADI generated FY18 revenue of $198.2 million and EBITDA of $51.6 million1 and has
strong future growth opportunities through exposure to favourable NSW infrastructure
market and structural shifts towards recycling
Funded by an underwritten2 1 for 2.48 $425 million pro-rata accelerated non-renounceable
entitlement offer (“Entitlement Offer” and $200 million scrip consideration to the vendors
of DADI, priced at $2.54 per new ordinary share
BIN Price at posting:
$1.17 Sentiment: Buy Disclosure: Held
and $200 million scrip consideration to the vendors
