SDF steadfast group limited

News: SDF Steadfast To Buy Coverforce For A$411.5 Mln, To Raise A$200 Mln In Placement

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    Aug 16 (Reuters) - Steadfast Group Ltd (SDF) :

    • A$200 MILLION FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT
    • TO ACQUIRE COVERFORCE FOR A$411.5 MILLION
    • DEAL EXPECTED TO BE IMMEDIATELY EPS ACCRETIVE IN FY22, EXCLUDING SYNERGIES
    • UNDER PLACEMENT, SHARES TO BE ISSUED AT PRICE TO BE DETERMINED IN BOOKBUILD, WHICH WILL NOT BE LESS THAN A$4.35 PER SHARE
    • TO OFFER NON-UNDERWRITTEN SPP TO RAISE UP TO ADDITIONAL A$20 MILLION
    • SEES FY22 UNDERLYING EBITA OF BETWEEN A$320 MILLION AND A$330 MILLION
    • FY22 GUIDANCE UNDERLYING NPAT OF BETWEEN A$159 MILLION AND A$166 MILLION
 
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(20min delay)
Last
$5.89
Change
-0.020(0.34%)
Mkt cap ! $6.516B
Open High Low Value Volume
$5.87 $5.91 $5.86 $12.17M 2.068M

Buyers (Bids)

No. Vol. Price($)
3 4913 $5.85
 

Sellers (Offers)

Price($) Vol. No.
$5.90 3913 2
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Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
SDF (ASX) Chart
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