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Vocus Group Ltd (VOC.AX)

VOC.AX on Australia Stock Exchange

3.22AUD
18 Aug 2017
Change (% chg)

$0.01 (+0.31%)
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Open
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Volume
2,640,067
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6,330,551
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$8.60
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$2.33

Latest Key Developments (Source: Significant Developments)

Vocus Group announces intention to recognise a non cash impairment to goodwill
Wednesday, 16 Aug 2017 07:06pm EDT 

Aug 17 (Reuters) - Vocus Group Ltd -:Confirms FY17 underlying EBITDA and impairment to goodwill.‍Confirms today that its unaudited FY17 underlying EBITDA is $366.4m within company's guidance range of $365-375m​.‍Has undertaken a review of carrying value of its assets and in particular goodwill​."Unaudited FY17 underlying NPAT is $152.3m below company's guidance range of $160-165m".‍Will recognise a non-cash impairment of $1,532m post tax spread across both Australian, $1,333m and New Zealand, $199m cash generating units​.Confirms today that its unaudited fy17 underlying EBITDA is $366.4m within company's guidance range of $365-375m.Company confirms that its unaudited net debt position at 30 June 2017 was in line with forecast at $1.029bn..  Full Article

Vocus Group receives second proposal from Affinity Equity Partners
Monday, 10 Jul 2017 08:13pm EDT 

July 11 (Reuters) - Vocus Group Ltd :Vocus announces receipt of second proposal.On July 10 received a preliminary, indicative and non-binding proposal from Affinity Equity Partners (s) Pte and its affiliates to acquire all of shares in co.Proposal at a price of $3.50 cash per share.On 7th June received a preliminary, indicative and non-binding proposal from Kohlberg Kravis Roberts & Co. L.P. to acquire 100% of shares in Vocus.  Full Article

Vocus announces granting of non-exclusive due diligence to KKR
Tuesday, 4 Jul 2017 06:40pm EDT 

July 5 (Reuters) - Vocus Group Ltd ::Vocus announces granting of non-exclusive due diligence.Received a preliminary, indicative and non-binding proposal from Kohlberg Kravis Roberts & Co. L.P.​.Offer at a price of $3.50 cash per share.Proposal from Kohlberg Kravis Roberts & Co. L.P. to acquire 100% of shares in Vocus .Board determined it is in best interests of shareholders to grant KKR opportunity to conduct due diligence on a non-exclusive basis​.  Full Article

Vocus Group says it received a takeover proposal from Kohlberg Kravis Roberts & Co
Tuesday, 6 Jun 2017 07:04pm EDT 

June 7 (Reuters) - Vocus Group Ltd :Has received a preliminary, indicative and non-binding proposal from Kohlberg Kravis Roberts & Co. L.P to acquire 100% of shares in Vocus.Deal at a price of $3.50 cash per share, via a scheme of arrangement.  Full Article

Vocus Group says fy17 revenue is now expected to be $1.8bln
Tuesday, 2 May 2017 05:10am EDT 

May 2 (Reuters) - Vocus Group Ltd :Fy17 revenue is now expected to be $1.8bn.Fy17 underlying ebitda is now expected to be $365-375m compared to guidance of $430-450m.Fy17 underlying npat is now expected to be in range of $160-165m.Continue to expect fy17 core capital expenditure to be about $182m.  Full Article

Vocus disposes 16% interest in Macquarie Telecom Group
Tuesday, 28 Mar 2017 05:42pm EDT 

Vocus Group Ltd : Sale of investment in Macquarie Telecom . Has disposed of 3.4 million shares representing about 16 pct relevant interest in ordinary shares of Macquarie Telecom Group Limited .Shares were held via a total return swap as described in FY16 vocus financial statements.  Full Article

West Corporation acquires cloud collaboration practice from Vocus Group
Tuesday, 7 Mar 2017 09:15am EST 

West Corp : West corporation acquires cloud collaboration practice from vocus group . West corp- acquisition is not expected to have a material impact on west's 2017 results. .West corp - acquired business assets and operations will be integrated into west's unified communications services reportable segment.  Full Article

Superloop signs Australian capacity agreement
Tuesday, 21 Feb 2017 06:37pm EST 

Superloop Ltd - : Superloop signs australian capacity agreement . Signed a 15 year indefeasible right of use ("iru") agreement with vocus group limited . Agreement with Vocus Group Limited ("vocus") for international, intercapital, regional ethernet access and metropolitan fibre capacity in australia .Value of deal is in excess of $20 million over 15 years.  Full Article

Vocus Group says HY net profit up 94.9%
Tuesday, 21 Feb 2017 04:59pm EST 

Vocus Group Ltd : Profit for half-year attributable to owners of vocus group limited up 94.9% to $47.2 million . HY revenues from ordinary activities up 403.9% to $888.241 million . Interim dividend for year ended 30 June 2017 to be paid on 21 april 2017 6.0 CPS .Confirms FY17 full year guidance of underlying EBITDA in range of $430 - $450 million.  Full Article

Vocus Communications appoints Mark Wratten as CFO
Tuesday, 20 Dec 2016 08:36pm EST 

Vocus Communications Ltd :Vocus appoints new CFO Mark Wratten.  Full Article

Australia's Vocus flags profit miss and impairments amid takeover battle

SYDNEY, Aug 17 Australian internet company Vocus Group Ltd said on Thursday it had missed its target net profit for the 2017 financial year and would take a A$1.53 billion ($1.21 billion) impairment charge.