NXT 0.92% $17.22 nextdc limited

News: NXT NEXTDC Ltd Announces Regional Expansion And A$618 Mln Entitlement Offer

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

    May 11 (Reuters) - NEXTDC Ltd (NXT) :

    • REGIONAL EXPANSION AND A$618 MILLION ENTITLEMENT OFFER
    • ANNOUNCE TWO NEW DATA CENTRE DEVELOPMENTS ON RECENTLY ACQUIRED COMMERCIAL PROPERTY SITES IN KUALA LUMPUR AND AUCKLAND
    • 1 FOR 8 ENTITLEMENT OFFER IS PRICED AT A$10.80 PER NEW SHARE
    • SEES FY23 CAPITAL EXPENDITURE IN RANGE OF A$670 MILLION TO A$720 MILLION
    • SEES FY23 UNDERLYING EBITDA IN RANGE OF A$192 MILLION TO A$196 MILLION
    • SEES FY23 DATA CENTRE SERVICES REVENUE IN RANGE OF A$350 MILLION TO A$360 MILLION
    • INTENDS TO INVEST ABOUT A$250 MILLION IN DEVELOPMENT OF KL1 IN KUALA LUMPUR
    • INTENDS TO INVEST ABOUT A$140 MILLION IN DEVELOPMENT OF AK1 IN AUCKLAND
    • CONSTRUCTION AT NEW DATA CENTRES EXPECTED TO COMMENCE IN FY24 WITH SITES TARGETING PRACTICAL COMPLETION IN 1H FY26
 
watchlist Created with Sketch. Add NXT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.