Annuncio • 3h
GenusPlus Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 200.000004 million. GenusPlus Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 200.000004 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,621,622
Price\Range: AUD 9.25
Discount Per Security: AUD 2.56
Transaction Features: Subsequent Direct Listing Annuncio • Apr 02
GenusPlus Group Ltd (ASX:GNP) completed the acquisition of Railtrain Holdings Pty Ltd from Chris Chalwell, Brendan Williams, Andrew McCutcheon, Graham Butler and others. GenusPlus Group Ltd (ASX:GNP) entered into a binding Share Purchase Agreement to acquire Railtrain Holdings Pty Ltd from Chris Chalwell, Brendan Williams, Andrew McCutcheon, Graham Butler and others for AUD 55 million on March 4, 2026. An upfront cash consideration of AUD 36.5 million will be paid by GenusPlus Group Ltd. The sellers may also receive a contingent earn-out payment of up to AUD 18.5 million across CY26-CY27 comprised of - CY26 earn-out: AUD 8.5 million subject to achieving CY26 EBITDA of AUD 15 million and CY27 earn-out: AUD 10 million subject to achieving CY27 EBITDA of AUD 20 million. The CY26 earn-out is payable 100% in cash. The first AUD 7.5 million of the CY27 earn-out (if any) is payable 100% in cash, with the remaining AUD 2.5 million payable in either cash or Genus shares (at Genus’ sole election). The upfront cash payment is subject to certain customary post-completion adjustments (including for cash, debt, and working capital). Railtrain’s existing CEO and KMPs will continue to manage the business, with all staff offered continued employment. Contemporaneously with the acquisition of Railtrain, Railtrain will also acquire the remaining 20% of WIRED Holding Company Pty Ltd which it does not already own. The acquisition will be funded from Genus’ existing cash balance and drawdown under the new syndicated facility of AUD 429 million.
Completion of the acquisition under the SPA is subject to certain conditions precedent like receipt of change of control consents for Railtrain’s material contracts and property leases, execution of amendment and release documentation in relation to material Railtrain customer contract and no material adverse change, no breach of agreement and accuracy of warranties and representations. Completion of the acquisition is indicatively anticipated for end of March 2026. The acquisition is expected to be immediately earnings accretive for Genus.
Sternship Advisers Pty Ltd. acted as financial advisor for GenusPlus Group Ltd. Justin Mannolini, Janelle Sputore and Alana Cristinelli of Gilbert and Tobin acted as legal advisor for GenusPlus Group Ltd.
GenusPlus Group Ltd (ASX:GNP) completed the acquisition of Railtrain Holdings Pty Ltd from Chris Chalwell, Brendan Williams, Andrew McCutcheon, Graham Butler and others on April 1, 2026. The Acquisition enables GenusPlus to further expand into the significant rail systems sector following the acquisition of the MGC Group in 2025. The Acquisition adds critical scale and expands the geographical and service capability of the Company’s rail business and is expected to be immediately earnings accretive for GenusPlus. Annuncio • Mar 05
GenusPlus Group Ltd (ASX:GNP) entered into a binding Share Purchase Agreement to acquire Railtrain Holdings Pty Ltd from Chris Chalwell, Brendan Williams, Andrew McCutcheon, Graham Butler and others for AUD 55 million. GenusPlus Group Ltd (ASX:GNP) entered into a binding Share Purchase Agreement to acquire Railtrain Holdings Pty Ltd from Chris Chalwell, Brendan Williams, Andrew McCutcheon, Graham Butler and others for AUD 55 million on March 4, 2026. An upfront cash consideration of AUD 36.5 million will be paid by GenusPlus Group Ltd. The sellers may also receive a contingent earn-out payment of up to AUD 18.5 million across CY26-CY27 comprised of - CY26 earn-out: AUD 8.5 million subject to achieving CY26 EBITDA of AUD 15 million and CY27 earn-out: AUD 10 million subject to achieving CY27 EBITDA of AUD 20 million. The CY26 earn-out is payable 100% in cash. The first AUD 7.5 million of the CY27 earn-out (if any) is payable 100% in cash, with the remaining AUD 2.5 million payable in either cash or Genus shares (at Genus’ sole election). The upfront cash payment is subject to certain customary post-completion adjustments (including for cash, debt, and working capital). Railtrain’s existing CEO and KMPs will continue to manage the business, with all staff offered continued employment. Contemporaneously with the acquisition of Railtrain, Railtrain will also acquire the remaining 20% of WIRED Holding Company Pty Ltd which it does not already own. The acquisition will be funded from Genus’ existing cash balance and drawdown under the new syndicated facility of AUD 429 million.
Completion of the acquisition under the SPA is subject to certain conditions precedent like receipt of change of control consents for Railtrain’s material contracts and property leases, execution of amendment and release documentation in relation to material Railtrain customer contract and no material adverse change, no breach of agreement and accuracy of warranties and representations. Completion of the acquisition is indicatively anticipated for end of March 2026. The acquisition is expected to be immediately earnings accretive for Genus.
Sternship Advisers Pty Ltd. acted as financial advisor for GenusPlus Group Ltd. Gilbert and Tobin acted as legal advisor for GenusPlus Group Ltd. Annuncio • Feb 25
Genusplus Group Ltd Announces Ordinary Fully Franked Dividend for the Six Months Ended December 31, 2025, Payable on April 24, 2026 GenusPlus Group Ltd. announced ordinary fully franked dividend of AUD 0.02000000 for the six months ended December 31, 2025. Record date is April 4, 2026. Ex-date is March 31, 2026. The dividend will be payable on April 24, 2026. Annuncio • Feb 18
GenusPlus Group Ltd to Report First Half, 2026 Results on Feb 23, 2026 GenusPlus Group Ltd announced that they will report first half, 2026 results on Feb 23, 2026 Annuncio • Oct 07
GenusPlus Group Ltd, Annual General Meeting, Nov 20, 2025 GenusPlus Group Ltd, Annual General Meeting, Nov 20, 2025. Location: at the offices of grant thornton, level 43, 152-158 st georges terrace, western australia., perth Australia Annuncio • Aug 28
GenusPlus Group Ltd announces Annual dividend, payable on October 31, 2025 GenusPlus Group Ltd announced Annual dividend of AUD 0.0360 per share payable on October 31, 2025, ex-date on September 30, 2025 and record date on October 01, 2025. Annuncio • Aug 26
GenusPlus Group Ltd to Report Fiscal Year 2025 Results on Aug 27, 2025 GenusPlus Group Ltd announced that they will report fiscal year 2025 results on Aug 27, 2025 Annuncio • Apr 17
GenusPlus Group Ltd (ASX:GNP) acquired MGC Group Holdings (WA) Pty Ltd from Chris Newton, Mark Byrne and others for AUD 21 million. GenusPlus Group Ltd (ASX:GNP) entered into a binding share purchase agreement to acquire MGC Group Holdings (WA) Pty Ltd from Chris Newton, Mark Byrne and others for AUD 21 million on April 3, 2025. A cash consideration of AUD 10.25 million will be paid by GenusPlus Group Ltd. GenusPlus Group Ltd will pay an earnout/contingent payment of AUD 10.5 million cash and of AUD 0.25 million cash. As part of consideration, AUD 21 million is paid towards common equity of MGC Group Holdings (WA) Pty Ltd. The upfront cash payment is subject to certain customary post-completion adjustments (including for cash, debt, and working capital). The earnout payment of AUD 10.5 million is payable either in cash, or 75% cash / 25% Genus scrip for the calendar year earn-outs, at GenusPlus Group Ltd’ sole election, with the scrip component subject to GenusPlus Group Ltd's shareholder approval.
For the period ending December 31, 2024, MGC Group Holdings (WA) Pty Ltd reported EBITDA of AUD 4 million.
The transaction is subject to execution of employment agreement. Completion of the acquisition is anticipated for mid to late April 2025.
Sternship Advisers acted as corporate adviser for GenusPlus Group Ltd. Gilbert and Tobin acted as legal advisor for GenusPlus Group Ltd. Poynton Stavrianou acted as corporate adviser for MGC Group (WA) Holdings Pty Ltd. Squire Patton Boggs acted as legal advisor for MGC Group (WA) Holdings Pty Ltd.
GenusPlus Group Ltd (ASX:GNP) completed the acquisition of MGC Group Holdings (WA) Pty Ltd from Chris Newton, Mark Byrne and others on April 17, 2025. Annuncio • Feb 20
GenusPlus Group Ltd to Report First Half, 2025 Results on Feb 24, 2025 GenusPlus Group Ltd announced that they will report first half, 2025 results on Feb 24, 2025 Annuncio • Jan 07
GenusPlus Group Ltd (ASX:GNP) acquired Geographe Tree Services Pty Ltd. GenusPlus Group Ltd (ASX:GNP) entered into a binding agreement to acquire Geographe Tree Services Pty Ltd for AUD 7 million on November 29, 2024. The Acquisition will be funded from internal cash reserves.
For the period ending December 31, 2023, Geographe Tree Services Pty Ltd reported total revenue of AUD 13 million.
Subject to satisfaction of those conditions, completion is expected to occur in early January 2025.
Sternship Advisers Pty Ltd. acted as financial advisor to GenusPlus Group Ltd. Gilbert and Tobin acted as legal advisor to GenusPlus Group Ltd.
GenusPlus Group Ltd (ASX:GNP) completed the acquisition of Geographe Tree Services Pty Ltd on January 7, 2025. Annuncio • Dec 03
GenusPlus Group Ltd (ASX:GNP) completed the acquisition of Partum Engineering Pty Ltd from Mike Green, Hasan Murad, Patrick Lloyd, George Lloyd, Brett Norris, David Riches and Matthew Riches. GenusPlus Group Ltd (ASX:GNP) agreed to acquire Partum Engineering Pty Ltd from Mike Green, Hasan Murad, Patrick Lloyd, George Lloyd, Brett Norris, David Riches and Matthew Riches for AUD 16 million on October 14, 2024. A cash consideration of AUD 12 million will be paid by GenusPlus Group Ltd. GenusPlus Group Ltd will pay an earnout/contingent payment of AUD 4 million cash subject to Partum achieving FY25 EBIT of at least AUD 4.1 million (and to the extent FY25 EBIT is less, the proportion of contingent consideration will be reduced pro rata). As part of consideration, AUD 16 million is paid towards common equity of Partum Engineering Pty Ltd.
For the period ending June 30, 2024, Partum Engineering Pty Ltd reported total revenue of AUD 16.2 million and EBIT of AUD 4.1 million.
Proposed Acquisition has been driven by an independent committee of the GenusPlus Board which has engaged RSM Australia Pty Ltd. to prepare an independent expert’s report on the Proposed. Transaction, which will be included in GenusPlus’ notice of annual general meeting. The transaction is subject to approval of offer by acquirer shareholders, consummation of due diligence investigation and execution of employment agreement.
Brett Norris (current Managing Director of Partum) will transition to an Executive General Manager role at Partum from completion.
As of November 29, 2024, the shareholders of GenusPlus Group Ltd have approved the deal.
GenusPlus Group Ltd (ASX:GNP) completed the acquisition of Partum Engineering Pty Ltd from Mike Green, Hasan Murad, Patrick Lloyd, George Lloyd, Brett Norris, David Riches and Matthew Riches on December 3, 2024. Annuncio • Nov 29
GenusPlus Group Ltd (ASX:GNP) entered into a binding agreement to acquire Geographe Tree Services Pty Ltd for AUD 7 million. GenusPlus Group Ltd (ASX:GNP) entered into a binding agreement to acquire Geographe Tree Services Pty Ltd for AUD 7 million on November 29, 2024. The Acquisition will be funded from internal cash reserves.
For the period ending December 31, 2023, Geographe Tree Services Pty Ltd reported total revenue of AUD 13 million.
Subject to satisfaction of those conditions, completion is expected to occur in early January 2025.
Sternship Advisers Pty Ltd. acted as financial advisor to GenusPlus Group Ltd. Gilbert and Tobin acted as legal advisor to GenusPlus Group Ltd. Annuncio • Oct 23
GenusPlus Group Ltd (ASX:GNP) completed the acquisition of CommTel Network Solutions Pty Ltd. GenusPlus Group Ltd (ASX:GNP) agreed to acquire CommTel Network Solutions Pty Ltd for AUD 6 million on September 30, 2024. A cash consideration of AUD 6 million will be paid by GenusPlus Group Ltd. As part of consideration, AUD 6 million is paid towards common equity of CommTel Network Solutions Pty Ltd plus AUD 7 million earnout based on 50% of pro rata FY25 EBIT above AUD 2 million and 50% of FY26 EBIT above AUD 2.5 million. For the financial year ended 2024 CommTel Network Solutions Pty Ltd reported turnover of AUD 64 million and operating income of AUD 4 million. The transaction is subject to approval of bankruptcy court and approval/consents of lenders/creditors. As of October 7, 2024, the deal recieved approval from the creditors of CommTel Network Solutions Pty Ltd. Completion expected by the end of October 2024.
GenusPlus Group Ltd (ASX:GNP) completed the acquisition of CommTel Network Solutions Pty Ltd on October 23, 2024. Annuncio • Oct 14
GenusPlus Group Ltd (ASX:GNP) agreed to acquire Partum Engineering Pty Ltd from Mike Green, Hasan Murad, Patrick Lloyd, George Lloyd, Brett Norris, David Riches and Matthew Riches for AUD 16 million. GenusPlus Group Ltd (ASX:GNP) agreed to acquire Partum Engineering Pty Ltd from Mike Green, Hasan Murad, Patrick Lloyd, George Lloyd, Brett Norris, David Riches and Matthew Riches for AUD 16 million on October 14, 2024. A cash consideration of AUD 12 million will be paid by GenusPlus Group Ltd. GenusPlus Group Ltd will pay an earnout/contingent payment of AUD 4 million cash subject to Partum achieving FY25 EBIT of at least $4.1 million (and to the extent FY25 EBIT is less, the proportion of contingent consideration will be reduced pro rata). As part of consideration, AUD 16 million is paid towards common equity of Partum Engineering Pty Ltd.
For the period ending June 30, 2024, Partum Engineering Pty Ltd reported total revenue of AUD 16.2 million and EBIT of AUD 4.1 million.
Proposed Acquisition has been driven by an independent committee of the GenusPlus Board which has engaged RSM Australia Pty Ltd. to prepare an independent expert’s report on the Proposed
Transaction, which will be included in GenusPlus’ notice of annual general meeting. The transaction is subject to approval of offer by acquirer shareholders, consummation of due diligence investigation and execution of employment agreement.
Brett Norris (current Managing Director of Partum) will transition to an Executive General Manager role at Partum from completion. Annuncio • Aug 23
GenusPlus Group Limited to Report Fiscal Year 2024 Results on Aug 26, 2024 GenusPlus Group Limited announced that they will report fiscal year 2024 results on Aug 26, 2024 Annuncio • Oct 07
GenusPlus Group Limited, Annual General Meeting, Nov 24, 2023 GenusPlus Group Limited, Annual General Meeting, Nov 24, 2023, at 09:00 W. Australia Standard Time. Location: at the offices of Grant Thornton, Level 43, 152-158 St Georges Terrace Perth Western Australia Australia Agenda: To consider the re-election of directors. Annuncio • Aug 23
GenusPlus Group Limited Provides Revenue Guidance for the Year 2024 GenusPlus Group Limited provided revenue guidance for the year 2024. With industry tailwinds gaining momentum FY2024, Genus expects to capitalise on this underlying momentum to deliver high single to low double-digit growth in EBITDA. The Group expects to see continued growth from its east coast operations and increase in services revenue inFY2024. Recurring revenue has continued to grow and is forecast to be $200 million in FY2024 with a current orderbook of $392 million. Annuncio • Aug 22
GenusPlus Group Limited Declares Final Fully Franked Dividend, Payable on 3 November 2023 GenusPlus Group Limited announced that the Directors declared a final fully franked dividend of 2.0 cents per share (up from 1.8 cps in FY2022) with a record date of 4 October 2023 with a payment date of 3 November 2023 being a total dividend payable of $3,554,499. Annuncio • Aug 19
GenusPlus Group Limited to Report Fiscal Year 2023 Results on Aug 22, 2023 GenusPlus Group Limited announced that they will report fiscal year 2023 results on Aug 22, 2023 Annuncio • Jul 31
GenusPlus Group Limited (ASX:GNP) entered into a binding agreement to acquire remaining 50% stake in Blue Tongue Energy Pty Ltd for AUD 0.5 million. GenusPlus Group Limited (ASX:GNP) entered into a binding agreement to acquire remaining 50% stake in Blue Tongue Energy Pty Ltd for AUD 0.5 million on July 31, 2023. Blue Tongue reported turnover of approximately AUD 4 million for FY23. The founders of Blue Tongue will now pursue other opportunities as the business is fully integrated into the operational structure of the broader GenusPlus Group. Annuncio • Jan 31
Genusplus Group Limited Announces the Appointment of Efstratios Gregoriadis as Joint Company Secretary GenusPlus Group Limited announced the appointment of Mr. Efstratios (Strati) Gregoriadis as Joint Company Secretary with effect from 31 January 2023. Strati has joined Genus as General Counsel, reporting to the Managing Director, Mr. David Riches. Strati is a senior executive who previously worked as a lawyer in private practice for 12 years, has over 18 years' experience as an in house lawyer for publicly listed companies, and has been Company Secretary of public listed companies for 15 years. Mr. Damian Wright will continue in his role as Company Secretary with the role being jointly managed by Messrs Wright and Gregoriadis. Annuncio • Jan 19
GenusPlus Group Limited (ASX:GNP) acquired asset from L&M Powerline Constructions Pty Ltd for AUD 3 million. GenusPlus Group Limited (ASX:GNP) acquired asset from L&M Powerline Constructions Pty Ltd for AUD 3 million on January 19, 2023. The business is expected to initially generate circa AUD 5-7 million per annum in revenue and has been funded using existing banking facilities.GenusPlus Group Limited (ASX:GNP) completed the acquisition of asset from L&M Powerline Constructions Pty Ltd for AUD 3 million on January 19, 2023.