Australia's Link eyes best day since early December on PEXA IPO plan, profit jump

PExA AB

24/02/2021 23:55

** Shares of Link Administration  LNK.AX  climb as much as
3.4% to A$4.890 in their biggest intraday pct gain since Dec. 8,
2020
    ** Shareholder registry firm reports a 12% jump in HY profit
attributable to A$30.9 mln ($24.63 mln)  urn:newsml:reuters.com:*:nASX1HHNKk
    ** Co says shareholders of its unit PEXA have agreed to
explore the possibility of taking the online property
transaction firm public  urn:newsml:reuters.com:*:nL4N2KU5VY
    ** Co owns a 44.2% interest in PEXA through its unit and
says it will also continue with a trade sale process for its
stake
    ** Stock hits highest level since Feb. 9
    ** As of last close, stock down 14.8% this year 

($1 = 1.2544 Australian dollars)

 (Reporting by Shriya Ramakrishnan in Bengaluru)
 ((Shriya.Ramakrishnan@thomsonreuters.com;))