News: CGC Costa Group Announces Acquisition Of 2Ph Farms Business And Capital Raising

June 23 (Reuters) - Costa Group Holdings Ltd (CGC) :

• COSTA GROUP HOLDINGS LTD - ACQUISITION OF 2PH FARMS BUSINESS AND CAPITAL RAISING-CGC.AX
• COSTA GROUP - DEAL FOR UPFRONT CONSIDERATION OF APPROXIMATELY $200 MILLION IN CASH
• COSTA GROUP SAYS FIRST HALF CY21 PERFORMANCE IS EXPECTED TO BE MARGINALLY AHEAD OF PCP
• COSTA GROUP - WILL PAY AN ADDITIONAL $31 MILLION IN JULY 2023 FOR PURCHASE OF 'CONAGHANS' PROPERTY
• COSTA GROUP -SEES FIRST HALF RESULTS ARE REVENUE OF $627 MILLION, EBITDA-S $124 MILLION AND NPAT-S $44 MILLION
• COSTA GROUP - EXPECTS CY21 EBITDA-S AND NPAT-S TO BE MARGINALLY AHEAD OF CY20
• COSTA GROUP - DEAL TO BE FUNDED WITH A FULLY UNDERWRITTEN PRO RATA ACCELERATED ENTITLEMENT OFFER WITH RETAIL RIGHTS TRADING TO RAISE $190 MILLION
• COSTA GROUP - ENTITLEMENT OFFER AT A PRICE OF $3.00 PER NEW SHARE