Brief: Auswide Bank Announces Fully Underwritten A$12.0 Million Institutional Placement
19/08/2024 02:42
Aug 19 (Reuters) - Auswide Bank Ltd ABA.AX :
* FULLY UNDERWRITTEN A$12.0 MILLION INSTITUTIONAL PLACEMENT
* FY24 STATUTORY NPAT DOWN 55.2% TO A$11.231 MILLION
* A$3.0 MILLION NON-UNDERWRITTEN SHARE PURCHASE PLAN
* FINAL DIVIDEND EXPECTED TO BE 11.0 AU CENTS
* PLACEMENT AND SPP TO FUND IMMEDIATE REGULATORY CET1
CAPITAL
REQUIREMENTS
* ENTERED A BINDING AGREEMENT TO ACQUIRE 100% OF SELFCO
* ACQUISITION OF SELFCO UP TO A$6.5 MILLION
* FY NET INTEREST MARGIN OF 142BPS
Further company coverage: ABA.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Auswide Bank
See all newsAustralia's MyState rises on merger approval from NSW government
Brief: Auswide Bank Says Federal Treasurer Approves Proposed MyState/Auswide Merger
Brief: Auswide Bank Declares Final Dividend 11.0 AU Cents Per Share
Brief: Auswide Bank Announces Fully Underwritten A$12.0 Million Institutional Placement
Brief: Auswide Bank Seeks Trading Halt