Successful Completion of Institutional Entitlement Offer

Key points

• Successfully completed institutional component raising $70.7 million
• Issue of 115.0 million new shares at $0.615 each
• Retail Entitlement Offer to open on September 10, 2026

Full summary

Eureka Group Holdings Limited (ASX:EGH) has successfully completed the institutional component of its $80.2 million equity raising, raising a total of $70.7 million. The institutional entitlement offer resulted in the issuance of 115.0 million new fully paid ordinary shares at an issue price of $0.615 per share. The new shares will rank pari passu with existing shares from the date of issue. The retail component of the entitlement offer will open on September 10, 2026, and is expected to raise approximately $9.5 million, bringing the total equity raising to $80.2 million.

Guidance

None

Outlook

Eureka Group Holdings Ltd expects to complete the acquisition of the NSW Living Portfolio and expand its affordable seniors and all-age rental communities.