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Australian Unity Targets $120M Capital Boost with New Equity Offer

9:37am on Wednesday 24th of September, 2025 AEST Financial Services
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Australian Unity Targets $120M Capital Boost with New Equity Offer

9:37am on Wednesday 24th of September, 2025 AEST
Key Points
  • Non-underwritten 1-for-4 pro rata entitlement offer of mutual capital instruments
  • Concurrent placement to wholesale investors targeting $100 million
  • Offer price set at $80 per new MCI, a 5% discount to adjusted market price
  • Proceeds primarily to reduce gearing and fund Plena Healthcare acquisition
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