Brief: NIB Holdings To Raise About A$150 Mln Via Underwritten Equity Placement And Share Purchase Plan

NIB Holdings

12/10/2022 02:59

Oct 12 (Reuters) - NIB Holdings Ltd  NHF.AX :
    * TO RAISE APPROXIMATELY A$150 MILLION VIA UNDERWRITTEN
EQUITY
PLACEMENT AND SHARE PURCHASE PLAN
    * PROCEEDS TO BE USED TO FUND ENTRY INTO AUSTRALIA'S NDIS
SECTOR
AS PLAN MANAGER
    * 1Q23 GROUP UOP WAS A$64.3 MILLION VERSUS A$63.8 MILLION
    * 1Q23 REVENUE GROWTH WAS UP 6.5%

Further company coverage:  NHF.AX 
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