News: ABA Auswide Bank Announces Fully Underwritten A$12.0 Million Institutional Placement

Aug 19 (Reuters) - Auswide Bank Ltd (ABA) :

• FULLY UNDERWRITTEN A$12.0 MILLION INSTITUTIONAL PLACEMENT
• FY24 STATUTORY NPAT DOWN 55.2% TO A$11.231 MILLION
• A$3.0 MILLION NON-UNDERWRITTEN SHARE PURCHASE PLAN
• FINAL DIVIDEND EXPECTED TO BE 11.0 AU CENTS
• PLACEMENT AND SPP TO FUND IMMEDIATE REGULATORY CET1 CAPITAL REQUIREMENTS
• ENTERED A BINDING AGREEMENT TO ACQUIRE 100% OF SELFCO
• ACQUISITION OF SELFCO UP TO A$6.5 MILLION
• FY NET INTEREST MARGIN OF 142BPS

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