EZL.ASX: Sale of Capital Markets Business to BMO Financial Group

Sale of Capital Markets Business to BMO Financial Group

Stock	EUROZ Hartleys Group Ltd (EZL.ASX)
Release Time	30 Jun 2026, 8:39 a.m.
Price Sensitive	Yes

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Euroz Hartleys Announces Sale of Capital Markets Business to BMO Financial Group

Key Points

Euroz Hartleys to sell Capital Markets business to BMO for A$145 million
Intends to return net proceeds to shareholders through dividend and capital return
Euroz Hartleys to remain a standalone Private Wealth business
Strategic alliance with BMO to maintain interconnected relationship

Full Summary

Euroz Hartleys Group Limited has announced the sale of its Capital Markets business to BMO Financial Group for A$145 million. The transaction is expected to close in Q4 2026, subject to shareholder approval and other conditions. Euroz Hartleys intends to return the net proceeds to shareholders through a combination of a fully franked dividend and capital return. Following the sale, Euroz Hartleys will continue as a standalone wealth management business focusing on Private Wealth. A strategic alliance with BMO will maintain the interconnected relationship between Capital Markets and Private Wealth businesses.

Guidance

FY26 group revenue expected to be A$140 million to A$142 million, net profit A$15 million to A$16 million

Outlook

Euroz Hartleys expects to benefit from favourable industry trends as a standalone wealth management business.