ERF 0.00% 77.0¢ elanor retail property fund

June 24 (Reuters) - Elanor Retail Property Fund (ERF) :...

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    June 24 (Reuters) - Elanor Retail Property Fund (ERF) :

    • FORECAST 2HFY22 DISTRIBUTION RANGE OF 3.52 TO 3.62 AU CENTS PER SECURITY
    • INTENTION TO PROVIDE ERF SECURITYHOLDERS WITH LIQUIDITY EVENT THROUGH PRIVATISATION OF ERF
    • TWEED MALL TO BE SOLD FOR A$87 MILLION
    • OFF-MARKET SECURITY BUY-BACK TO ACQUIRE UP TO 100% OF ERF SECURITIES AT A PRICE OF A$0.79 PER SECURITY
    • ERF TO BE DELISTED AND BECOME ELANOR PROPERTY INCOME FUND
    • IMMEDIATELY FOLLOWING IMPLEMENTATION OF PROPOSAL, EPIF WILL HAVE AN EXPECTED NTA OF A$0.88 PER SECURITY
 
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