Dexus Finance Pty Limited Announces Cessation of Securities and Early Redemption of Convertible Notes

Dexus Finance Pty Limited has officially communicated the cessation of specific securities, in detail through an Appendix 3H notice, adhering to the ASX Listing Rules. The announcement, dated 19 March 2024, marks a significant update in the company's financial maneuvers, specifically regarding their issued capital. Dexus has redeemed notes issued on 19 March 2019 with an aggregate face value of AUD$323.2 million, leaving a minor portion of AUD$1.8 million still on issue. This remaining sum is slated for early redemption and cancellation on 8 April 2024, further indicating Dexus's proactive financial management strategies.

The cessation of these securities falls under the category of repayment or redemption of convertible debt security without conversion. Such financial moves are critical for stakeholders to understand the evolving capital structure and liquidity stance of Dexus. Following these changes, Dexus's issued capital will include over 1 billion fully paid units stapled securities, alongside performance rights and a negligible number of convertible notes remaining. This adjustment reflects the company's active management of its financial instruments and commitment to transparently communicating with its investors and the market.