DGAP-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Transaction in Own
Shares
Dexus Finance Pty Limited: On market buy back and cancellation of securities
01-Apr-2020 / 05:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*Dexus (ASX: DXS)*
*ASX release*
*1 April 2020 *
*On-market buy-back and cancellation of securities*
Dexus Funds Management Limited as Responsible Entity of Dexus (DXS) advises
that since the previous notification of the cancellation of securities on 7
January 2020, a further 5,199,296 securities have been cancelled.
Following the cancellation, there are 1,091,202,163 DXS securities on issue.
_Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus
Funds Management Limited_
*For further information please contact:*
*Investors * *Media*
Jessica Johns Louise Murray
Senior Manager, Investor Senior Manager, Corporate
Relations Communications
+61 2 9017 1368 +61 2 9017 1446
+61 427 706 994 +61 403 260 754
jessica.johns@dexus.com louise.murray@dexus.com
Information and Explanation of the Issuer to this News:
*About Dexus*
Dexus is one of Australia's leading real estate groups, proudly managing a
high-quality Australian property portfolio valued at $33.8 billion. We
believe that the strength and quality of our relationships is central to our
success and are deeply committed to working with our customers to provide
spaces that engage and inspire. We invest only in Australia and directly own
$16.8 billion of properties, with a further $17.0 billion of properties
managed on behalf of third-party clients. The group's $11.2 billion
development pipeline provides the opportunity to grow both portfolios and
enhance future returns. With 1.8 million square metres of office workspace
across 55 properties, we are Australia's preferred office partner. Dexus is
a Top 50 entity by market capitalisation listed on the Australian Securities
Exchange (trading code: DXS) and is supported by 27,000 investors from 20
countries. With 35 years of expertise in property investment, development
and asset management, we have a proven track record in capital and risk
management, providing service excellence to tenants and delivering superior
risk-adjusted returns for investors. At December 2019, Dexus's gearing
(look-through) was 25.5% which is below the 30-40% target range with a debt
duration of 7.4 years, $1.3 billion of cash and committed undrawn bank
facilities available and minimal debt financing requirements with circa
$400m of debt maturing in late FY21. www.dexus.com
*Download the Dexus IR app*
Download the Dexus IR app to your preferred mobile device to gain instant
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webcasts and more.
Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible
Entity for Dexus (ASX: DXS) Level 25, 264 George Street, Sydney NSW 2000
01-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Dexus Finance Pty Limited
264 George Street
2193 Sydney
Australia
Phone: +61 2 9017 1100
Fax: +61 2 9017 1101
E-mail: ir@dexus.com
Internet: www.dexus.com
ISIN: XS1961891220
WKN: A2RZHG
Listed: Regulated Unofficial Market in Frankfurt
EQS News ID: 1012337
End of Announcement DGAP News Service
1012337 01-Apr-2020 CET/CEST
(END) Dow Jones Newswires
March 31, 2020 23:52 ET (03:52 GMT)
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