Perth Markets

Brisbane Markets Limited Sell-Down

September 2016

As part of the industry bid for Market City by Perth Markets Limited (PML), cornerstone investor Brisbane Markets Limited granted an option over 5 million securities, which would allow other industry-affiliated and Western Australian-based investors the ability to acquire an additional interest in PML. The call option was exercised in September 2016 and all 5 million securities were transferred to new and other existing PML investors.

Azure acted as lead manager to the sell-down.