April 5, 2018 / 12:05 AM / 2 months ago

BRIEF-SRG To Enter New Zealand Market With Acquisition Of TBS Group Pty

* ANNOUNCES ACQUISITION OF TBS GROUP FOR A$32.9 MILLION

* FUNDING BY A$24M CAPITAL RAISING AND BALANCE FROM EXISTING CASH / NAB DEBT FACILITIES​

* ‍ACQUISITION WILL DELIVER SRG SIGNIFICANT REVENUE AND EARNINGS AND BE HIGHLY EPS ACCRETIVE TO SHAREHOLDERS OF APPROXIMATELY 30%​ Source text for Eikon: Further company coverage:

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