Aug 3 (Reuters) - Link Administration Holdings Ltd (LNK) :...

Aug 3 (Reuters) - Link Administration Holdings Ltd (LNK) :

• EXPECTS TO REPORT FY23 GROUP OPERATING EBIT OF APPROXIMATELY A$178.1 MILLION
• EXPECTS TO REPORT A FY23 STATUTORY LOSS (AFTER TAX) OF A$417.7 MILLION
• IN FY24 WE EXPECT TO RECOGNISE A GAIN OF APPROXIMATELY A$280.3 MILLION (NET OF TAX) ON COMPLETION OF FS SALE
• EXPECTED SALE OF FS BUSINESS TO WAYSTONE GROUP AND ANNOUNCEMENT OF SETTLEMENT WILL OCCUR ACROSS 2 FINANCIAL YEARS
• LINK GROUP EXPECTS THAT FS SALE WILL COMPLETE IN OCTOBER 2023, SUBJECT TO REMAINING CONDITIONS BEING SATISFIED
• BCM SALE IS TARGETED TO COMPLETE IN SEPTEMBER 2023 AS PREVIOUSLY ANNOUNCED