Dec 4 (Reuters) - Adairs Ltd (ADH) : ENTERED INTO A BINDING...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    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
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.18
Change
0.040(1.87%)
Mkt cap ! $385.2M
Open High Low Value Volume
$2.16 $2.19 $2.14 $962.8K 444.5K

Buyers (Bids)

No. Vol. Price($)
6 18266 $2.17
 

Sellers (Offers)

Price($) Vol. No.
$2.19 17087 2
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
ADH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.