Brief: Mystate Announces Capital Raising

MyState

24/05/2021 24:45

May 24 (Reuters) - MyState Ltd  MYS.AX :
    * MYS ANNOUNCES CAPITAL RAISING
    * AIMS TO RAISE UP TO ABOUT $80 MILLION
    * ON TRACK TO DELIVER GROWTH IN PRE-PROVISION OPERATING
PROFIT OF
+11% TO +14% IN FY21
    * OFFER PRICE FOR PLACEMENT AND ENTITLEMENT OFFER OF $4.30
PER
SHARE
    * EXPECTED THAT DIVIDEND WILL BE NO LESS THAN FIRST HALF
DIVIDEND
OF 12.5CPS

Source text for Eikon:  ID:nASX1sWqJm 
Further company coverage:  MYS.AX 

 ((Reuters.Briefs@thomsonreuters.com;))