ASX300 News Digest
Electro Optic Systems Holdings Announces to be in Contract Negotiations with Commonwealth Government
Electro Optic Systems Holdings announced that it has entered into contract negotiations with the Commonwealth of Australia for the acquisition of 251 Remote Weapon Stations and...
Worley Notes BASF Awards Contract for Battery Material Plant in Finland
Worley noted that BASF SE (BASF) has awarded the Company a services contract for its European battery material investment project in Finland. The project is to build a plant that...
Adbri Provides Alcoa Lime Supply Contract Update
Adbri announced that its subsidiary, Cockburn Cement has been informed by Alcoa of Australia that it has elected not to renew its current lime supply contract expiring on 30 June...
Charter Hall Retail REIT Announces Sale of Pemulwuy Marketplace and West Ryde Marketplace
Charter Hall Retail REIT announced that the Retail Partnership No. 1 (RP1) has settled Pemulwuy Marketplace and contracted to divest West Ryde Marketplace to interests associated...
Rio Tinto noted that Oyu Tolgoi announced that it has completed an updated feasibility study (OTFS20) and is in the process of submitting this to the Government of Mongolia. The...
Infigen Energy Targets Statement in Response to the Iberdrola Offer
Infigen Energy released its Target's Statement in respect of the off market takeover offer from Iberdrola Renewables Australia (Iberdrola) at 89c per Company Stapled Security...
Infigen Energy Releases First Supplementary Targets Statement to UAC Offer
Infigen Energy released its First Supplementary Target's Statement (the Statement) in respect of the off market takeover offer from UAC Energy Holdings at 86c per Company Stapled...
Lovisa Holdings Provides Business Update for July 2020
Lovisa Holdings updated was forced to progressively close its store network globally due to COVID19, with most stores closed by the end of March 2020. As reported, the Company...
Shopping Centres Australasia Property Group announced that it would pay a distribution of 5.00c per security in respect of the period from 1 January 2020 to 30 June 2020. The...
Westgold Resources Provides Trading Update
Westgold Resources updated that gold sales for the quarter across the group were 65,000oz. As reported, the Company has closed the year with cash of $137m (unaudited) reflecting a...
Aurelia Metals Advises on June 2020 Quarter Production
Aurelia Metals advised of preliminary group production figures for the June 2020 quarter. The Company provides these interim figures in light of the current absence of guidance due...
Electro Optic Systems Holdings Trading Halted, Pending Company Announcement
The securities of Electro Optic Systems Holdings will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading...
Webjet Announces Regarding Offering Circular
Webjet announced regarding offering circular. The Notes will bear interest from and including the Closing Date at the rate of 2.50% p.a. calculated by reference to the outstanding...
Webjet Announces Regarding Prices EUR100m Convertible Notes Due 2027
Webjet announced that it has successfully priced its EUR100 (A$1631m) convertible notes due 2027. The Notes will have a coupon of 2.50% p.a, paid on a semi-annual basis. The Notes...
Maca Announces Regarding Mining Contract Award
MACA announced the award of the Corunna Downs Mining Services contract for Atlas Iron. The project is located 33 km South of Marble Bar in the Pilbara region WA. The project will...
Maca Provides Working Capital Update
MACA provided the following update with respect to its working capital position and carrying value of its receivables from its mining clients. It remains in a position of liquidity,...
ioneer Enters into an Employment Agreement with Chairman
ioneer announced current Chairman James D. Calaway has been appointed an executive of the Company for a 12-month period, effective 1 July 2020. During the past year, Mr. Calaway's...
Kathmandu Holdings Provides Market Update
Kathmandu Holdings provided a trading update as retail gradually reopens in key global markets. As previously announced, COVID-19 social distancing and lockdown restrictions...
Webjet Announces EUR100M Convertible Notes Offering
Webjet announced that it has launched an offering of EUR100m (A$1631m) convertible notes due 2027 (the "Notes") (the "Offering"). The Company updated that net proceeds from the...
Imdex Announces to Confirm Retirement of MD
Imdex announced the retirement of MD, Mr Bernie Ridgeway and the appointment of CEO, Mr Paul House, effective 1 July 2020. The Company updated that Mr Ridgeway, who commenced as MD...
The Star Entertainment Group Provides Update on Property Reopenings
The Star Entertainment Group referred to its prior ASX announcements regarding the COVID-19 related government directives and the impact on the operations of Company's businesses,...
Ramelius Resources Provides June 2020 Quarter Production Update
Ramelius Resources provided June 2020 Quarter Production Update. It reported for the full FY 2020 year, record production was also achieved with 230,426 OZs produced. Further, the...
Lendlease Group Provides FY 2020 Unaudited Results Update
Lendlease Group provided a market update. It reported Core profit after tax expected to be in the range of $50m to $150m reflecting COVID-19 impacts across the Group. This includes...
Oil Search Implements Structural Changes to Build Resilience and Focus on Delivery
Oil Search completed review of its organisation and cost structure. Structural changes have been implemented to make the business leaner, provide for streamlined decision-making and...
NEXTDC Material Advises on New Contracted Commitments in NSW
NEXTDC advised that contracted commitments at its NSW data centre facilities have increased by 4MW, to more than 36MW. Contracted customer commitments plus expansion options at NSW...
Suncorp Group Provides Investor Update Presentation
Suncorp Group provided investor update presentation. It reported a new Insurance Product and Portfolio role will be accountable for brands, marketing, product, underwriting and all...
Suncorp Group Announces New Operating Model and Business Update
Suncorp Group announced a new operating model and leadership structure to drive further improvement in its core insurance and banking businesses and to accelerate the Group's...
Avita Medical Announces Commencement of Trading on NASDAQ and Confirmation of Capital Structure
Avita Medical advised that AVITA Therapeutics announced that Avita US's shares of common stock (Avita US Shares) commenced trading on the NASDAQ Stock Market LLC (NASDAQ) on 30 June...
Flight Centre Travel Group Announces to Take Up Additional Funding
Flight Centre Travel Group announced that it has secured access to a debt facility of up to GBP65m, which will be drawn as and when required to help offset the coronavirus's impacts...
AMP Completes Sale of Life Insurance Business to Resolution Life
AMP announced the completion of the sale of its life insurance business, AMP Life, to Resolution Life for A$3.0bn delivering a key priority in Company's transformation strategy. The...
Auckland International Airport Provides Update on 2020 Results and Organisational Changes
Auckland International Airport provided a further update on its response to the outbreak of COVID-19 and outlines Other Significant Items that are expected to impact earnings for...
Medical Developments International Provides Roadshow Presentation
Medical Developments International provided presentation stating that it has 2 Key operating segments - Pharmaceutical and Medical Devices and also have a significant API...
Nufarm Announces Changes to Global Manufacturing Footprint
Nufarm announced its decision to cease manufacture of insecticides and fungicides at its Raymond Road site in Laverton, Australia and curtail herbicide manufacturing at its...
Centuria Capital Provides Updated Augusta Capital Takeover Offer
Centuria Capital updated that it made a full takeover offer for all Augusta Capital shares that it does not already own. As reported, at the time the Company made its initial offer,...
CIMIC Group Announces Ventia to Complete Broadspectrum Acquisition
CIMIC Group announced that Ventia has completed its acquisition of Broadspectrum from Ferrovial S.A. The Company updated that the transaction was announced on 23 December 2019. The...
AP Eagers Announces to Complete Sale of Refrigerated Logistics
AP Eagers announced the completion of the sale of Automotive Holdings Group's ("AHG") Refrigerated Logistics division ("Refrigerated Logistics"), to Anchorage Capital Partners...
Nickel Mines Announces Completion of Move to 80% Hengjaya and Ranger RKEF Projects
Nickel Mines announced that it has completed the acquisition of a further 20% of the issued and paid-up share capital of Hengjaya Holdings Private and Ranger Investment Private,...
Freedom Foods Group Provides Management Update
Freedom Foods Group announced that the Board of Company accepted the resignation of Mr. Rory Macleod as MD and Chief Executive of the Company. Mr. Macleod has resigned from all...
Brickworks Advises on JV Trust Securing Long-Term Amazon Lease
Brickworks announced that a lease pre-commitment for 20 years with Amazon has been secured at the JV Trust's Oakdale West Estate in Western Sydney (conditional on statutory...
Infigen Energy Recommends Takeover Offer from Iberdrola
Infigen Energy received notice that Iberdrola Renewables Australia (Iberdrola) has waived the conditions of its off-market takeover bid (Iberdrola Offer), excluding the condition...
Collins Foods Announces FY 2020 Results
Collins Foods released its results for the 53 week FY 2020 period which saw positive earnings growth continue despite the impact of COVID-19. The Revenue is up 8.9% to $981.7m. The...
Lifestyle Communities Provides Clyde Acquisition and Refinancing Update
Lifestyle Communities advised that it has executed a contract of sale to purchase a 9-ha site located in Clyde, Vic. The site has been acquired on 3-year terms and settlement is...
Infigen Energy Advises on First Supplementary Bidder's Statement
Infigen Energy advised on first supplementary bidder's statement by Iberdrola Renewables Australia in relation to its off-market bid to purchase all of the stapled securities in...
Infigen Energy Advises on Variation of Takeover Bid
Infigen Energy noted of Notice given under section 650D of the Corporations Act 2001 (Cth) (Corporations Act) by Iberdrola Renewables Australia (Iberdrola Australia) in relation to...
Ramelius Resources Extends Life of Mine Plan by 34% to 1.45Moz Au
Ramelius Resources provided a further update to its LOMP, along with associated updated Mineral Resource and Ore Reserve positions for the Penny Gold Project, from its portfolio of...
Fletcher Building Announces Early Repayment of US$300m of USPP Notes
Fletcher Building announced its intention to make an early repayment of US$300m of USPP notes. CEO Mr. Ross Taylor said that the USPP notes, which were issued in 2012 and due to...
TPG Telecom Suspends from Official Quotation
The securities of TPG Telecom will be suspended from quotation at the close of trading on 29 June 2020, in accordance with Listing Rule 17.2, following lodgement of the Supreme...
CIMIC Group Advises on Moody's Investors Service Credit Opinion Update
CIMIC Group advised that Moody's Investors Service (Moody's) has released a credit opinion update on the Company. This affirms the Company's strong investment grade credit rating of...
Avita Medical Announces to Confirm Implementation of Scheme of Arrangement
Avita Medical announced that the scheme of arrangement to effect the redomiciliation of the Company and its subsidiaries (Avita Group) from Australia to the USA (Scheme) has been...
MyState announced that it has strengthened its level of loan provisioning for the potential impact from the COVID-19 pandemic. In addition, Moody's has assigned an investment grade...
Monash IVF Group Provides Trading Update
Monash IVF Group provided a business update and impact of COVID-19 on the Company following its previous COVID-19 update issued on 27 April 2020. As compared to pcp and pre-COVID-19...
Infigen Energy Advises on Variation of Takeover Bid
Infigen Energy noted that Iberdrola Renewables Australia (Iberdrola Australia) referred to its Bidder's Statement dated 24 June 2020 containing its off-market takeover offer (Offer)...
Atlas Arteria Completes Security Purchase Plan
Atlas Arteria confirmed the successful completion of its Security Purchase Plan (SPP), which closed on 25 June 2020. The SPP was first announced to the ASX on 28 May 2020 in...
Jumbo Interactive Reinstates to Official Quotation
The suspension of trading in the securities of Jumbo Interactive will be lifted from the commencement of trading on 29 June 2020, following the release by Company of an announcement...
Tabcorp Holdings Notes on Jumbo Interactive Extending Channel Partnership for 10 years to 2030
Tabcorp Holdings noted that Jumbo Interactive advised that it has extended its 15 year relationship with Company and associated subsidiaries with the signing of a binding term sheet...
Jumbo Interactive Announces Channel Partnership with Tabcorp Been Extended for 10 Years to 2030
Jumbo Interactive advised that it has extended its 15 year relationship with Tabcorp Holdings and associated subsidiaries (TAH) with the signing of a binding term sheet on 28 June...
Infigen Energy Advises on Second Supplementary Bidder's Statement
Infigen Energy advised on Second Supplementary Bidder's Statement. It reported UAC announced that it has declared its Offer wholly unconditional; it has increased its Offer Price to...
Starpharma Holdings Announces DEP irinotecan Boosts Immuno-Oncology in Colon Cancer Models
Starpharma Holdings announced its SN-38 nanoparticle, DEP irinotecan in combination with an immunooncology (IO) agent (anti PD-1 antibody) showed superior anti-tumour activity and...
Tabcorp Holdings Announces Changes to Reseller Arrangements with Jumbo
Tabcorp Holdings advised that it has signed a binding term sheet with Jumbo Interactive (Jumbo) (subject to conditions precedent) to amend and extend the existing commercial...
Southern Cross Media Group Welcomes Funding Under Public Interest News Gathering Program
Southern Cross Media Group announced it has been found eligible for funding of $10m under the Commonwealth Government's Public Interest News Gathering (PING) Program. The grant to...
Infigen Energy Advises on UAC Declaring the Takeover Offer Been Wholly Unconditional
Infigen Energy noted that UAC Energy Holdings gives notice declaring that its takeover offers under its off-market takeover bid for all the stapled securities in Company and Infigen...
Eclipx Group Provides Business Update
Eclipx Group provided an update on its end of lease car sales, liquidity position, lease extension activity and new business writings in advance of the Macquarie Emerging Leaders...
McMillan Shakespeare Announces to Acquire JV Partner's 25% Interest in Plan Partners
McMillan Shakespeare advised that it has reached agreement to acquire JV partner's 25% interest in Plan Partners for $8m. The transaction will be funded from existing cash reserves...
Ampol Appoints Mr. Matthew Halliday as MD and CEO
Ampol announced that the Board has appointed Mr. Matthew Halliday, currently Interim CEO, to the position of MD and CEO. The permanent appointment is effective 29 June 2020. Mr....
McMillan Shakespeare Provides Business Update and FY 2020 Profit Estimate
McMillan Shakespeare provided update on its business as the Company recovers from the impacts to date of the COVID-19 containment measures. Given the proximity to year end, the...
Tyro Payments Provides Covid-19 Trading Update for Week Ended 26 June 2020
Tyro Payments provided transaction value updates to the market for the balance of FY 2020 for week ended 26 June 2020. The Company has determined to continue these updates until its...
Austal Advises on Austal USA Delivering Twelfth Independence-Class Littoral Combat Ship to U.S. Navy
Austal announced that Austal USA has delivered its 12th Independence-class Littoral Combat Ship (LCS) to the U.S. Navy, from the Company's shipyard in Mobile, Alabama. The future...
Sealink Travel Group Secures Brisbane Ferry Services Contract
Sealink Travel Group advised that RiverCity Ferries, one of its subsidiary companies, has been awarded the contract as the new operator of Brisbane City Council's iconic CityCat,...
Bellevue Gold Announces Amended Metallurgical Tests Return High Recoveries
Bellevue Gold announced that metallurgical testwork at its Bellevue Gold Project in WA has returned positive results. The Company updated that results from metallurgical tests...
TPG Telecom Announces Scheme Approved by Court
TPG Telecom announced that the Supreme Court of NSW has made orders approving the scheme of arrangement between the Company and its shareholders ('Scheme') in relation to the...
Iluka Resources Announces Reduction of 2020 Synthetic Rutile Off-Take Volumes
Iluka Resources advised that it expects that not all of the 175,000t of synthetic rutile subject to take or pay arrangements in 2020 will be taken as contemplated under the relevant...
Freedom Foods Group Provides Conference Call Transcript
Freedom Foods Group provided Conference Call Transcript. It reported that the current issues are having no impact on operational performance. It previously stated on 29 May that...
Qantas Airways Completes A$1,360m Institutional Placement
Qantas Airways announced the successful completion of an $1,360m fully underwritten placement (Placement) of 372.7m new shares (Placement Shares) to institutional investors at a...
Tyro Payments Provides COVID-19 Trading Update for Week Ended 19 June 2020
Tyro Payments advised that it has committed to provide transaction value updates to the market for the balance of FY 2020 on a weekly basis. This temporary measure introduced to...
Macquarie Group Reports NPAT Down 8.42% to $2,731m for the Year to 31 March 2020
Macquarie Group reported NPAT down 8.42% to $2,731m for the year ended 31 March 2020. Revenue from ordinary activities were $17,570m. Diluted EPS was 764.5 cents compared to 868.1...
Orica Reports NPAT of $165.2m for Half-Year to 31 March 2020
Orica reported NPAT of $165.2m for the half-year ended 31 March 2020. Revenue from ordinary activities were $2,880.3, up 1.8% from last year. Diluted EPS was 42.7 cents compared to...
Investec Australia Property Fund Reports NPAT of $58.96m for the Year to 31 March 2020
Investec Australia Property Fund reported NPAT of $58.96m for the year ended 31 March 2020. Revenue from ordinary activities were $101.103m. Basic and Diluted EPS were 10.32 cents...
Investec Australia Property Fund Reports NPAT of $58.96m for the Year to 31 March 2020
Investec Australia Property Fund reported NPAT of $58.96m for the year ended 31 March 2020. Revenue from ordinary activities were $101.103m. Basic and Diluted EPS were 10.32 cents...
Virgin Money UK Reports NPAT Up 69.23% to $22m for Half-Year to 31 March 2020
Virgin Money UK reported NPAT up 69.23% to $22m for the half-year ended 31 March 2020. Revenue from ordinary activities were $1,239m, down 11.14% from last year. Basic and Diluted...
ResMed Inc. Announces NPAT of $163,137 for the Third Quarter of FY2020
ResMed Inc. announced that revenue in combined Europe, Asia, and other markets grew by 27% on a constant currency basis primarily driven by sales across their mask and device...