PNI 5.33% $23.30 pinnacle investment management group limited

News: PNI Pinnacle Investment Management Group Sees NPAT From Cont Ops Of $23.1 Mln For Year

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    July 24 (Reuters) - Pinnacle Investment Management Group Ltd (PNI) :

    • NPAT FROM CONTINUING OPERATIONS CURRENTLY EXPECTED TO BE $23.1M FOR YEAR
    • FULLY FRANKED FINAL DIVIDEND OF 7.0 CENTS PER SHARE PAYABLE IN OCTOBER 2018
    • FUNDS UNDER MANAGEMENT OF $38.0 BILLION AT JUNE 30, 2018
    • LAUNCHED INSTITUTIONAL PLACEMENT TO RAISE $60 MILLION AT $5.50 PER SHARE
    • CO ANNOUNCES PURCHASE OF 40% STAKE IN OMEGA GLOBAL INVESTORS FOR $2 MILLION UPFRONT AND UP TO A $2 MILLION EARN-OUT
 
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