Centuria Capital Group Launches AU$300 Million Equity Raise

MT Newswires Live
Jun 22

Centuria Capital Group (ASX:CNI) launched a AU$300 million fully underwritten equity raising initiative, according to a Monday filing with the Australian bourse.

The equity raise includes an institutional placement to generate AU$200 million, and a 1-for-17 accelerated, non-renounceable pro rata entitlement offer to generate AU$100 million, per the filing.

The company said it expects to issue about 150 million new shares under the equity raise at a price of AU$2 each.

Centuria will use the proceeds to accelerate growth across its ResetData business and its real estate equity and credit funds management platforms.

The company also reaffirmed its fiscal 2026 operating earnings guidance of AU$0.136 per security.

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