Brief: Lifestyle Communities Announces A$275M Entitlement Offer
22/02/2024 01:31
Feb 22 (Reuters) - Lifestyle Communities Ltd LIC.AX :
* ANNOUNCES A$275M ENTITLEMENT OFFER
* UNDER OFFER, SHAREHOLDER CAN APPLY FOR 1 NEW SHARE FOR
EACH 6.08
SHARES THEY HOLD
* ENTITLEMENT OFFER FOR A PRICE OF A$16.00 PER NEW SHARE
* OFFER PROCEEDS WILL BE USED TO FUND IDENTIFIED LAND
ACQUISITION
OPPORTUNITIES, AMONG OTHERS
Source text for Eikon: ID:nASXb6JdFJ
Further company coverage: LIC.AX
((Reuters.Briefs@thomsonreuters.com;))
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