April 18 (Reuters) - Environmental Group Ltd (EGL) :
- SIGNED A BINDING AGREEMENT TO ACQUIRE 100% OF SHARES IN AIRTIGHT PTY LTD
- WILL UNDERTAKE AN EQUITY CAPITAL RAISING OF UP TO A$9.0 MILLION
- PROCEEDS FROM PLACEMENT AND SPP TO SUPPORT ACQUISITION AND GROWTH OF AIRTIGHT
- ACQUISITION EXPECTED TO DELIVER MORE THAN 15% EPS ACCRETION IN FY24 (BEFORE SYNERGIES)
- AIRTIGHT EXPECTED TO GENERATE REVENUE OF A$18.2 MILLION AND NORMALISED EBITDA OF A$1.8 MILLION IN FY23
- ACQUISITION FOR A$7.0 MILLION PLUS UP TO A$5.0 MILLION EARNOUT BASED ON FY24 EARNINGS
- PLACEMENT AT AN ISSUE PRICE OF A$0.20 PER SHARE
April 18 (Reuters) - Environmental Group Ltd (EGL) : SIGNED A...
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Last
25.5¢ |
Change
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Mkt cap ! $97.02M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.5¢ | $116.4K | 432.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 156920 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 15000 | 1 |
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| EGL (ASX) Chart |