WEB web travel group limited

Nov 5 (Reuters) - Webjet Ltd (WEB) : ENTERED AGREEMENT TO...

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    Nov 5 (Reuters) - Webjet Ltd (WEB) :

    • ENTERED AGREEMENT TO ACQUIRE DESTINATIONS OF WORLD FOR AN ENTERPRISE VALUE OF US$173 MILLION
    • ACQUISITION ESTIMATED TO BE MID-SINGLE DIGITS EPS ACCRETIVE IN FY19 ON A PRO-FORMA BASIS
    • TOTAL ANTICIPATED SYNERGIES ACROSS REVENUE & COSTS ESTIMATED AT US$10 MILLION PER ANNUM, ONCE FULLY REALISED FROM FY20
    • CASH CONSIDERATION FOR ACQUISITION WILL BE FUNDED BY PROCEEDS OF ENTITLEMENT OFFER AND A$102 MILLION OF DEBT FUNDING
    • UNDER ENTITLEMENT OFFER, SHAREHOLDERS TO SUBSCRIBE FOR 1 NEW WEBJET SHARE FOR EVERY 9 EXISTING SHARES AT OFFER PRICE OF A$11.50 PER NEW
    • ON TRACK TO DELIVER AT LEAST A$110 MILLION UNDERLYING EBITDA FOR EXISTING BUSINESSES FOR FY19
    • EXPECTS PRO-FORMA EBITDA FOR DOTW BUSINESS FOR YEAR TO 30 JUNE 2019 TO BE AT LEAST A$23 MILLION
    • EXPECTS TOTAL FY19 EBITDA TO BE AT LEAST A$120 MILLION
    • ENTITLEMENT OFFER IS TO RAISE APPROXIMATELY A$153 MILLION
 
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(20min delay)
Last
$4.47
Change
0.100(2.29%)
Mkt cap ! $1.615B
Open High Low Value Volume
$4.40 $4.47 $4.39 $8.343M 1.878M

Buyers (Bids)

No. Vol. Price($)
1 7790 $4.44
 

Sellers (Offers)

Price($) Vol. No.
$4.47 11885 2
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Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
WEB (ASX) Chart
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