ASX300 News Digest
NRW Holdings Announces Share Purchase Plan
NRW Holdings provided shareholders the opportunity to subscribe for up to $15,000 of new FPO shares in the Company (New Shares) under a share purchase plan on the terms and...
Platinum Asset Management Advises on Funds Under Management - November 2019
Platinum Asset Management advised that in November 2019 Funds Under Management is $24,940.02m. The Company experienced net outflows of $173m. This included net outflows from the...
IMF Bentham Provides Update on ANZ Bank Fees Case
IMF Bentham advised on confirmation that the Federal Court of Australia has made the final orders on 6 December 2019 in the Bank Fees litigation case which was funded by IMF Bentham...
Afterpay Announces Share Purchase Plan
Afterpay provided an update on the Afterpay Share Purchase Plan (SPP). As announced to ASX earlier in 2019, following Afterpay Australia Pty (formerly "Afterpay Pty") receiving a...
iSIGNTHIS Provides SWIFT Operational Update
iSIGNTHIS provided the following update to market. ISX has relied upon a number of Australian banking partners to assist it with its SWIFT transfers to various international...
Synlait Milk Provides Bond Offer Final Terms Sheet
Synlait Milk noted the final terms sheet for an offer of $180m unsecured, subordinated fixed rate bonds with the maturity date of 17 December 2024. The final terms sheet ("Terms...
Synlait Milk Announces Bond Offer - Interest Rate Set
Synlait Milk announced that, following a successful bookbuild for its offer of five-year unsecured subordinated fixed rate bonds (the Offer), NZ$180m of bonds have been allocated....
Scentre Group Acquires 50% Interest in Booragoon
Scentre Group announced that it has acquired a 50% interest in Garden City Booragoon, Perth for $570m, inclusive of long-term property management, brand and development rights....
Bubs Australia Provides Investor Capital Raising Presentation
Bubs Australia provided investor capital raising presentation. The value of Southeast Asian baby food market is expected to grow to $US8bn over the next 5 years. It entered a Master...
Bubs Australia Completes $30m Placement and Share Purchase Plan
Bubs Australia announced the successful completion of share placement, raising A$30m (before costs) at $0.95 per share from institutional, professional and sophisticated investors...
NIB Holdings Establishes Health Services JV with Cigna
NIB Holdings announced the creation of a specialist healthcare data science and services company, with the specific purpose of delivering better health outcomes for members and...
Megaport Completes Capital Raising
Megaport announced the successful completion of its $62m fully underwritten share placement to institutional, sophisticated and professional investors (Placement). The Placement...
St Barbara Announces MD and CEO Transition in 2020
St Barbara announced that after 5.5 years in the role, Mr Bob Vassie has advised the Board that he wishes to retire from his role as MD and CEO in 2020 to spend more time with his...
Sydney Airport Provides Investor Day 2019 Presentation
Sydney Airport provided investor day 2019 presentation. It has undertaken value-based customer segmentation and are building an engagement plan around these segments focused on...
Altium Provides Chairman's Address to Shareholders in AGM
Altium provided Chairman's address to shareholders in AGM. The Company grew revenue by 23% and net profit by 41% compared to FY 2018. Fiscal 2019 was the eighth consecutive year...
Altium Provides Technology Presentation
Altium provided technology presentation. It must target 100,000 active subscribers by 2025 to compel key industry stakeholders to support its agenda to transform electronic design...
Newcrest Mining Increases Ownership in Lundin Gold
Newcrest Mining acquired a further 10,977,502 common shares of Lundin Gold (representing 4.9% of the outstanding common shares) from Kinross Gold for C$7.25 per share, or C$79.6m in...
Northern Star Resources Completes Takeover of Echo Resources
Northern Star Resources advised that it has completed the takeover of Echo Resources. At close of the takeover offer period on 11 November 2019, it had a relevant interest in 98.14%...
Hansen Technologies Structures its Business around its Industry Verticals
Hansen Technologies announced that it has formally structured its business activities around its two industry verticals, being Utilities and Communications. Following the...
Boral Advises on North American Windows Business
Boral advised that it has identified certain financial irregularities in its North American Windows business, involving misreporting including in relation to inventory levels and...
Independence Group NL Not to Participate in Panoramic Entitlement Offer
Independence Group NL noted on Panoramic Resources (Panoramic) announcement on 5 December 2019 of a proposed conditionally underwritten 1 for 6 accelerated pro-rata non-renounceable...
Bellamy's Australia Advises on Removal from S&P/ASX 200 Index
Bellamy's Australia advised that Samp;P Dow Jones Indices announced on 5th December 2019 that it will remove Bellamy's Australia from the Samp;P/ASX 200, subject to final court...
Western Areas Advises on Bush Fire Incident at Forrestania
Western Areas advised that a bush fire incident has occurred on 4 December 2019 in the area of the Forrestania Nickel Operation (FNO). The incident, believed to have started from a...
iSIGNTHIS Responds to ASX Query Letter
iSIGNTHIS responded to ASX query letter stating that in relation to question 25, ISX relies on the confidential response which was sent to Mr Moran on 22 November 2019 and 25...
Jumbo Interactive Announces Deaf Services Software Licence Agreement
Jumbo Interactive announced that it has entered into a new SaaS (Software as a Service) 5-year licence agreement with Australian charity lottery operator Deaf Services for the use...
Australia & New Zealand Banking Group Provides Update on RBNZ Capital Requirements
Australia amp; New Zealand Banking Group provided an update on the impacts of release of the Reserve Bank of NZ's (RBNZ) final capital requirements. The net impact on Company is an...
Bellamy's Australia Announces Scheme Meeting Results
Bellamy's Australia announced that eligible Company shareholders have approved the proposed acquisition of Company by a wholly-owned subsidiary of China Mengniu Dairy Company...
iSIGNTHIS Commences Federal Court Proceedings Against the ASX
iSIGNTHIS commenced legal proceedings against ASX in the Federal Court of Australia to challenge the decisions made by the Australian Securities Exchange (ASX or the exchange) to...
Afterpay provided update On Black Friday and Cyber Monday Trading and november 2019 monthly performance. It reported that the Company achieved $1.0bn of monthly underlying sales in...
Independence Group Notes Rejection Of Takeover Offer By Panoramic Resources
Independence Group noted that Panoramic Resources provided the update with respect to the unsolicited, highly conditional off-market takeover bid by Company announced on 4 November...
Megaport Provides Investor Presentation
Megaport provided investor presentation. It reported that the Company enables Network-as-a-Service: on-demand, elastic, self-serve interconnection aligned to cloud consumption...
Megaport Announces to Raise $62m
Megaport announced that it will raise $62m in new equity via a fully underwritten placement to institutional, sophisticated and professional investors (Placement). The Company has...
Bubs Australia Trading Halted, Pending Company Announcement
The securities of Bubs Australia will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading on 9 December...
Megaport Trading Halted, Pending Company Announcement
The securities of Megaport will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading on 9 December 2019 or...
Whitehaven Coal Provides Updated FY 2020 Guidance
Whitehaven Coal issued updated FY 2020 guidance due to Challenges being experienced sourcing skilled operators for Maules Creek and Impacts arising from dust events related to...
Australia & New Zealand Banking Group Trading Halted, Pending Company Announcement
The securities of Australia amp; New Zealand Banking Group will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of...
Caltex Australia Provides Business Update and Investor Day Presentation
Caltex Australia provided Business Update and Investor Day Presentation. It reported the expected sale of the first tranche of 25 higher and better use (HBU) retail sites for $136m....
Magellan Financial Group Provides FUM Update As At 29 November 2019
Magellan Financial Group provided Funds Under Management (FUM) Update as at 29 November 2019. In November 2019, the Company experienced net inflows of $410m, which included net...
Resolute Mining Announces Positive Drilling Results at Mako Gold Mine in Senegal
Resolute Mining announced positive drill results from recent exploration programs in Senegal and Cote d'Ivoire on projects acquired by Company as a result of the successful Toro...
Metcash Provides 2020 Half Year Results Presentation
Metcash provided 2020 half year results presentation. It reported Total Food pillar sales (including charge-through) increased 1.2%, with Supermarkets wholesale sales ex tobacco...
Bellamy's Australia Provides Chair's Address to Scheme Meeting And Proxy Results
Bellamy's Australia provided Chair's address to Scheme Meeting And Proxy results. It reported On 16 September 2019, Company announced a proposed scheme of arrangement under which a...
Treasury Wine Estates Announces Appointment of Mr. Ben Dollard as President Americas
Treasury Wine Estates announced the appointment of Mr. Ben Dollard as President of the Company's operations in the Americas. Mr. Dollard will commence in his role on 13 January 2020...
West African Resources Releases Investor Presentation - Macquarie Forum Perth 2019
West African Resources released investor presentation stating that banking process resulted in Taurus US$200m debt A$78m in equity placements. The Company advised that 25m at 15g/t...
EML Payments Completes Retail Entitlement Offer
EML Payments announced the successful completion of the retail component of its fully underwritten 1 for 5 accelerated pro-rata non-renounceable entitlement offer (Retail...
TPG Telecom Provides 2019 AGM Presentation
TPG Telecom provided 2019 AGM presentation. It reported Outdoor service coverage was at 99.79% at October 2019. The Signups for free trial is over 0.35m. The revenue for FY 2019 was...
TPG Telecom Provides Chairman's and CEO's Address At 2019 AGM
TPG Telecom provided Chairman's and CEO's address at 2019 AGM. It reported that FY 2019 was a difficult year for the Group with two major regulatory decisions adversely impacting...
Aurelia Metals Announces Key Water Approval Been Received At Peak
Aurelia Metals provided an update on its strategy to achieve access to reliable water sources to support current and future activities at the Peak Mines near Cobar in NSW (Peak). In...
CSL Provides Annual Research And Development Investor Briefing
CSL provided 2019 annual research and development investor briefing. It reported on activities focused on new therapies for life-threatening diseases. The Company noted that...
Rio Tinto Invests $1.5bn to Continue Production at Kennecott Copper to 2032
Rio Tinto approved a $1.5bn investment (100% basis) to continue production at its Kennecott copper operation in the US. The investment over the next six years will extend operations...
Gold Road Resources Provides Gilmour And Renegade Mineral Resource Update
Gold Road Resources reported the first 100% Company-owned resource addition since the Gruyere JV. The Mineral Resource of 3.5Mt at 2.62 g/t Au for 297,600OZs was estimated using an...
AMP Provides Replacement Prospectus
AMP provided replacement prospectus in relation to the offer of Capital Notes 2 announced on 26 November 2019 with the Australian Securities and Investments Commission (ASIC). The...
Westgold Resources Announces Castile Demerger Completed
Westgold Resources advised that it has completed its demerger of Castile Resources. At the Company's AGM on 25 November 2019 shareholders overwhelmingly approved the demerger of...
Oohmedia Provides Upgrade to FY19 Earnings Guidance
Oohmedia provided an further update to the Company's expected earnings for the year ended 31 December 2019 (FY19). The Company confirmed on 3 December 2019 that it expects FY19...
Transurban Group Announces Distribution for the Six Months Ending 31 December 2019
Transurban Group announced a distribution totaling 31.0 cents per stapled security will be paid for the six months ending 31 December 2019. This will be made up of a 29.0 cent...
Vicinity Centres Announces Dividend of $0.077
Vicinity Centres announced unfranked dividend of $0.077 for the period of six months ended 31 December 2019 with the record date of 31 December 2019 and payment date of 2 March...
Bank of Queensland Announces Opening Of SPP
Bank of Queensland announced opening of The Share Purchase Plan (SPP) announced on 25 November 2019. Eligible Company shareholders can apply for up to $30,000 of new FPO shares...
Phoslock Environmental Technologies Reports Preliminary Sales Forecast Of $50m-$70m
Phoslock Environmental Technologies reported preliminary sales forecast of $50m-$70m. The FY 2020 Sales Forecast is made up of Phoslock sales of 10,000-20,000t; Engineering and...
Orocobre Provides Update on Expected Lithium Carbonate Pricing for December 2019 Quarter
Orocobre provided update on expected lithium carbonate pricing for the December 2019 quarter. The indicative weighted average price of lithium carbonate sales for the December 2019...
Cooper Energy Announces Callawonga Appraisal Drilling Campaign Being Successful
Cooper Energy announced successful conclusion of the four well appraisal program at the Callawonga oil field, Cooper Basin, SA by the PEL 92 JV. The Company has a 25% interest in...
Caltex Australia Provides Update On The Proposal From Alimentation Couche-Tard
Caltex Australia referred to its announcement that it had received an unsolicited, conditional, confidential, non-binding and indicative proposal from Alimentation Couche-Tard (ATD)...
Saracen Mineral Holdings advised that its JV partner in the Kalgoorlie Super Pit, Newmont Goldcorp, has published its calendar year 2020 production guidance for the project....
Metcash Provides Update On Impairment of Intangible and Other Assets
Metcash announced that its financial statements for the half year ended 31 October 2019 will recognise a $237.4m (post tax) impairment to goodwill and other assets in the Food...
Carnarvon Petroleum Provides Dorado Field Development Update
Carnarvon Petroleum advised that the Operator of the Dorado Project, Santos, has released initial concept select information with respect to the proposed liquids development for the...
Far Announces Submission Of Development and Exploitation Plan for Sangomar Field Offshore Senegal
Far advised that the final Sangomar Field Development and Exploitation Plan was submitted to the Government of Senegal, in Dakar on 2 December 2019. The Development and Exploitation...
New Hope Corporation Advises On NAC03 Opponents Seeking Leave to Appeal to High Court
New Hope Corporation advised that its wholly owned subsidiary, New Acland Coal (NAC) has been served with an application by Oakey Coal Action Alliance (OCAA), for special leave to...
ioneer Provides Presentation At Resources Rising Stars Conference
ioneer provided presentation at Resources Rising Stars conference. It reported annual revenue of $450m; total capex of $599m; IRR of 28% and annual EBITDA of $297m. It reported...
Santos Upgrades 2025 Production Target to 120 Mmboe
Santos lifted its 2025 production target further to 120 mmboe, more than double 2018's output. The new target, up from 100 mmboe set in 2018, represents a cumulative annual growth...
Imdex Announces to Exercise Option to Acquire Flexidrill
Imdex announced that it is exercising its Option to acquire Flexidrill and its patent protected drilling productivity technologies, COREVIBE and MAGHAMMER. The Company updated that...
IMF Bentham Advises on Australian Investment - Wivenhoe Judgment
IMF Bentham announced that the Supreme Court of New South Wales (Court) issued its judgment in the Brisbane Floods class action on 29 November 2019. The Court found that the claim...
Perenti Global Announces Regarding Surface Business Been Awarded $165m in Work
Perenti Global announced that its Surface Mining Industry Sector Group (ISG) has secured $165m in new and extended contracts. The Company's surface mining business in Australia,...
Perenti Global Provides Update on African Mining Services Operations
Perenti Global provided an operational update on its wholly owned African Mining Services (AMS) surface mining business following the tragic security incident in Burkina Faso and in...
Rural Funds Group Announces Dividend For Quarter Ending on 31 December 2019
Rural Funds Group announced an ordinary dividend of 2.71 cps for a period of one quarter ending on 31 December 2019, with the record ate of 31 December 2019 and payment date of 31...
Zip Co Announces Successful Completion of Oversubscribed Placement
Zip Co announced that it has received firm commitments to raise $60m before costs via a placement (Placement) of 16.21m ordinary shares (Placement Shares). The amount of funds...
Galaxy Resources Announces Alita Senior Secured Debt Facility Been Repaid by Administrators
Galaxy Resources advised that the administrators of Alita Resources (Alita) have repaid in full the Alita senior secured loan facility that Company acquired in August 2019...
Paladin Energy Provides Update on Consent for Kayelekera Sale
Paladin Energy provided the update to the market on the status of the sale of its 85% interest in Paladin (Africa) to Lotus Resources (65%) and Kayelekera Resources (20%). The...
Amaysim Australia Completes Acquisition of Jeenee Communications
Amaysim Australia advised that it has completed the acquisition of mobile virtual network operator Jeenee Communications, for a total consideration of $7.8m. The acquisition forms...
Galaxy Resources Trading Halted, Pending Company Announcement
The securities of Galaxy Resources will be placed in trading halt at the request of GXY, pending it releasing an announcement. Unless ASX decides otherwise, the securities will...
Galaxy Resources Announces Pause in Trading
Galaxy Resources announced trading in the securities of the entity will be temporarily paused pending a further announcement....
Saracen Mineral Holdings Announces Completion of the Super Pit Acquisition
Saracen Mineral Holdings announced that it has successfully completed the acquisition of a 50% interest in the Kalgoorlie Consolidated Gold Mines Joint Venture ("KCGM JV") from...
Bubs Australia Provides CEO and Chair Address as at 2019 AGM
Bubs Australia addressed shareholders at the AGM held on 29 November 2019 stating that the positive momentum generated in FY19 by strategic focus and marketing investment saw...
Bubs Australia Releases 2019 AGM Presentation
Bubs Australia released 2019 AGM presentation reporting revenue of $46.8m for the FY19. The Company has continued to focus on building scale through channel development, gross...
Karoon Energy Provides Chairman's Address to Shareholders
Karoon Energy provided Chairman's address to shareholders. The Board has refreshed its key policies to ensure the Company will be recognised as a world class operator in the areas...
Steadfast Group Announces PSF Rebate Acquisition and s708A Notice
Steadfast Group announced that it has closed its offer to issue shares or cash in consideration for certain Company's Network brokerages renouncing their rights to future rebates...
Healius Provides Update on Tax Case for FY 2003 to 2007
Healius announced that, with reference to a court case relating to the tax treatment of healthcare practitioners lump sum payments, the Federal Court of Australia decided in favour...
Zip Announces Capital Raising Overview
Zip announced a proposed $60.0m capital raising. It is seeking to raise $10.0m in a Share Purchase Plan to all existing eligible shareholders. The Offer Price of $3.70 per share...
NRW Holdings Completes $120m Placement Successfully
NRW Holdings announced that it has received commitments to place 42.1Mm new FPO shares in the Company (Placement Shares) at an issue price of $2.85 per Placement Share, to raise...
Select Harvests Provides FY 2019 Full Year Results Presentation
Select Harvests provided FY 2019 full year results presentation. Improved NPAT is $53.0m (FY 2018 $20.4m). FY 2019 EBITDA is $95.2m. Gearing (net debt/equity) is 6.6% (FY 2018...
Select Harvests Announces Result for 30 September 2019
Select Harvests announced results for the twelve months of the new reporting period ended 30 September 2019 with a reported NPAT of $53.0m. It continued increasing global demand and...
CIMIC Group Announces Contract Close on Sydney Metro City and Southwest PPP
CIMIC Group announced contract close on sydney metro city and southwest PPP. The Northwest Rapid Transit Consortium (NRT), including Company, UGL and Pacific Partnerships, have...
IMF Bentham Trading Halted, Pending Company Announcement
The securities of IMF Bentham will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading on 3 December 2019...
Zip Trading Halted, Pending Company Announcement
The securities of Zip will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading on 3 December 2019 or when...
Synlait Milk Provides Indicative Term Sheet
Synlait Milk provided indicative term sheet. The Bonds will be unsecured and on liquidation of the Issuer will rank behind its senior bank debt, other secured borrowed money and...
Synlait Milk Provides Subordinated Bond Offer Investor Presentation
Synlait Milk provided subordinated bond offer investor presentation. The Offer will provide the Company with diversification of funding sources to support its growth strategy. Net...
Synlait Milk Issues Product Disclosure Document
Synlait Milk issued product disclosure document. This is an offer of unsecured subordinated fixed rate five-year bonds (the Bonds). The Bonds are debt securities issued by the...
Synlait Milk Lodges PDS and Announces Indicative Margin
Synlait Milk announced that it is making an offer of up to $150m of five-year unsecured subordinated fixed rate bonds maturing on 17 December 2024 to NZ institutional and retail...
Rural Funds Group Advises on Poultry Asset Sale Update
Rural Funds Management (RFM), as responsible entity for the Rural Funds Group (RFF), announced on 28 October 2019 that it had entered into agreements for the sale of RFF's poultry...
Mesoblast Reports Negative Cash Flow of $15.85m for the September 2019 Quarter
Mesoblast reported negative cash flow of $15.85m for quarter ended 30 September 2019. Operating cash flow for the period was $(15.56m). Investing cash flow was $(254,000). Financing...
Clinuvel Pharmaceuticals Reports Positive Cash Flow of $3.88m for the September 2019 Quarter
Clinuvel Pharmaceuticals reported positive cash flow of $3.88m for quarter ended 30 September 2019. Operating cash flow for the period was $5.38m. Investing cash flow was...
Bubs Australia Reports Negative Cash Flow of $5.31m for the September 2019 Quarter
Bubs Australia reported negative cash flow of $5.31m for quarter ended 30 September 2019. Operating cash flow for the period was $(4.15m). Investing cash flow was $(1.09m)....
Avita Medical Reports Negative Cash Flow of $7.34m for the September 2019 Quarter
Avita Medical reported negative cash flow of $7.34m for quarter ended 30 September 2019. Operating cash flow for the period was $(7.04m). Investing cash flow was $(300,000)....
ANZ Bank Reports NPAT Down 6.98% to $5,953m for the Year to 30 September 2019
ANZ Bank reported NPAT down 6.98% to $5,953m for the year ended 30 September 2019. Revenue from ordinary activities were $18,785m. Diluted EPS was 201.9 cents compared to 212.1...