new shares, page-33

Announced Today   

Uniti Wireless Limited (ASX:UWL) has today commenced trading on the Australian Stock Exchange (ASX) after completing a capital raising of approximately $13.2M. On the 11th February 2019 Uniti Wireless acquired all the issued shares in FuzeNet Pty Ltd through a combination of UWL shares and cash consideration partly funded by the capital raising. The merged businesses will have combined revenue of more than $22M and more than 22,000 customers. Forecast pro-forma full year EBITDA to 30 June 2019 for the merged business was stated in the Prospectus to be approximately $2M.