Back to News list

Completion of Security Purchase Plan


Charter Hall Group (ASX:CHC) (Charter Hall or the Group) today announces the successful completion of its Security Purchase Plan (SPP). The SPP was announced on 28 April 2017 in connection with the Group’s $275 million institutional placement.

A total of $15.76 million was raised under the SPP, with 2,876,847 new securities to be issued to eligible applicants on 25 May 2017 at an issue price of $5.48, being the issue price for securities issued under the placement. Given that the amount raised was not materially higher than the $15 million target, it was determined to satisfy all applications in full rather than undertake a scale-back. 

The new securities will rank equally with existing securities from issue and will be entitled to the full distribution for the six months to 30 June 2017.

<View PDF version of ASX Release and attachments>  

For further information:

David Harrison
Managing Director and 
Group CEO Charter Hall
T: +61 8651 9142

For media enquiries: 

Angus Booth 
Group Manager - External Affairs, Marketing & Communications
T: +61 8651 9223

For investor enquiries: 

Philip Cheetham 
Head of Listed Investor Relations
T: +61 2 8651 9214