Dec 4 (Reuters) - Adairs Ltd (ADH) :
- ENTERED INTO A BINDING AGREEMENT TO ACQUIRE ALL OF SHARES OF MOCKA LIMITED
- DEAL FOR A NOTIONAL INITIAL ENTERPRISE VALUE OF ABOUT NZ$80 MILLION
- DEAL ACCRETIVE TO CO'S FY20 PRO FORMA REVENUE GROWTH AND EBIT MARGIN
- ACQUISITON EXPECTED TO DELIVER NORMALISED EARNINGS ACCRETION OF ABOUT 10% IN FY20
- ACQUISITION WILL BE FUNDED THROUGH ADAIRS' GROUP TERM DEBT FACILITIES AND AN ISSUE OF 3.2 MILLION ORDINARY CO'S SHARES TO VENDORS
- ACQUISITION IS NOT EXPECTED TO CHANGE CO'S EXISTING DIVIDEND POLICY
- REAFFIRMS FY20 GUIDANCE
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Last
$2.55 |
Change
0.030(1.19%) |
Mkt cap ! $450.6M | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.60 | $2.55 | $901.2K | 350.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5589 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 52466 | 6 |
View Market Depth
| Last trade - 13.58pm 12/09/2025 (20 minute delay) ? |
| ADH (ASX) Chart |