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Ampol Provides 2021 Half Year Results Presentation

23 Aug 2021  |  09:11:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 2021 Half Year Results Presentation

Ampol provided half year results 2021 presentation. It reported the Company has submitted a Non-binding Indicative Proposal (Proposal) to acquire Z Energy for a cash offer price of NZ$3.78 per share. The offer price represents a 35% premium to last close on 26 July 2021. The Company intends to fund the acquisition in accordance with its Capital Allocation Framework, which would be funded through new debt facilities, proceeds from any divestments and an equity issuance in the order of A$600m.

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