Brief: Augusta Capital Limited Updates On Binding Agreement To Acquire Management Of NPT

Asset Plus

08/02/2018 19:30

Feb 9 (Reuters) - Augusta Capital Ltd  AUG.NZ : 
    * AUGUSTA CAPITAL LIMITED - BINDING AGREEMENT TO ACQUIRE 
MANAGEMENT OF NPT 
    * WILL PAY NZ$4.5 MILLION TO NPT TO ACQUIRE MANAGEMENT 
    * AUGUSTA CAPITAL-EXPECTS AGREEMENT TO INCREASE CO'S 
RECURRING 
BASE MANAGEMENT FEE INCOME BY ABOUT $0.9 MILLION BASED ON NPT'S 
CURRENT BALANCE SHEET 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nNZSfBfa 
Further company coverage:  AUG.NZ  
 
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