Oct 6 (Reuters) - Estia Health Ltd
* Revised guidance range of 2016/17 underlying ebitda of $86 million to $90 million
* Kennedy family to subscribe for up to $15 million of shares at drp price
* Strategic review of operations commenced with an emphasis on cost reductions and improved efficiencies
* Non-Core assets to be divested
* Final payment made to kennedy family for kennedy health care transaction
* At current run rate its non- labour operating expenses in fy2017 will be approximately $11.7 million higher than originally forecast.
* Progressing appointment of additional directors and search for a permanent ceo.
* Interest expense, depreciation,total capex on developments remain in line with anticipated ranges disclosed in co’s year end results presentation Source text for Eikon: Further company coverage: