Since opening the offer on 29 June 2020, Centuria NZ has acceptances which, together with its existing shareholdings in Augusta, represent 65.86% of Augusta’s shares.
John McBain, Centuria Joint CEO, said, “I am delighted to report close to two-thirds of Augusta shares1 have been secured within eight business days of the takeover offer commencing and to report that Centuria has declared the offer unconditional.
Read More
John McBain, Centuria Joint CEO, said, “Centuria is on track to secure approximately 63.9% of Augusta’s shares (including Centuria’s existing 23.3% shareholding), since we made our formal offer yesterday. To further progress the takeover, we intend to vary our cash offer and make this offer unconditional if 63.5% of Augusta’s shares (including Centuria’s existing 23.3% shareholding) are secured.
Read More
Centuria Capital Group (ASX:CNI or Centuria) announce:
Centuria issued a takeover notice confirming its intention to make a full takeover offer to
acquire the remaining shares in Augusta Capital Limited for NZ$130 million
If successful, Centuria AUM will increase by 24% to AU$8.9 billion
Augusta shareholders that accept the proposed offer will receive NZ$0.20 in cash and 0.392
of a Centuria Stapled Security in exchange for each of their shares in Augusta
Supported by Augusta’s founding shareholders and other Augusta shareholders who,
Read More
Centuria Capital Group (Centuria) notes the attached market release by Augusta Capital Limited (Augusta)
regarding the deferral of the planned March 2020 launch of its Tourism Fund and Augusta’s profit
expectations for the NZ financial year ending 31 March 2020.
Centuria understands the deferral is partly in response to the temporary impact of the coronavirus on the
global tourism sector and Centuria views the deferral as both sensible and appropriate.
Read More
We are thrilled to be supporting the Tania Dalton Foundation through the financial support of their scholarship programme. The Tania Dalton Foundation has been established to ensure Tania’s passion for sport and for helping others lives on. The Foundation aims to make a meaningful difference to young New Zealanders in the community. It supports young New Zealanders,
Read More
The age old question of how to make the most of your investment dollar is especially significant in the current economic climate. It’s no secret that we Kiwis love owning houses but there are alternative ways of including property within your investment portfolio – for as little as $10,000 with forecast 6.5%* p.a. pre-tax returns.
The industrial property sector includes the likes of warehousing and manufacturing facilities and has consistently outperformed other commercial property sectors with the highest total returns over the past five years.
Read More
Augusta Industrial Fund launches
The Augusta Industrial Fund Ltd has recently opened for investment, a limited liability company established by Augusta Funds Management Ltd which offers a number of different features.
The fund has been established to invest solely in industrial property with an initial portfolio of four properties – three in Auckland and one in Wellington with a current valuation of about $118 million.
Read More
We use cookies to make our webpages more user-friendly, continuously improve them, and provide you with a personalised experience tailored to your interests. Learn about our use of cookies and manage your preferences in our Privacy Policy
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
