MOA acquisition unconditional

MOA advises that its acquisition of leading NZ Hospitality business Savor Group is now unconditional following completion of a recent $3.0m share placement and finalisation of a banking facility with BNZ. MOA Group is now underway with a rights issue to ensure all shareholders get the opportunity to participate on the same terms as the share placement. Further, MOA announces that it has achieved positive EBITDA over the last three summer months and is now looking to accelerate its gains in the NZ craft beer scene through its acquisition of Savor Group. End CA:00332464 For:MOA Type:GENERAL Time:2019-03-26 08:31:11