Inabox IPO Offer – opens today (Monday 27 May)

The IPO and offer

Inabox anticipates its shares will commence trading on the ASX around 26 June 2013 under the ASX code “IAB”. In conjunction with the IPO Inabox is seeking to raise $2.9 million from new investors at an offer price of $1.20 per share. At this price Inabox’s forward price to earnings ratio (PER) is around 8x its run-rate (1HFY13) net profit after tax result. This compares favourably to other listed peers such as MNF, BGL, AMM, MTU and VOC which are currently averaging forward PERs of around 15x.

Proceeds of the offer will be used to complete an acquisition, fund general working capital and pay for the expenses of the IPO. The founders of Inabox have voluntarily agreed to be escrowed for a minimum of 18 months. In total they will hold approximately 60% of the issued shares post IPO.

The offer has opened today (Monday 27 May) and will close on Friday 14 June (unless closed earlier). The minimum investment is $2,000.

How to invest

Shaw Stockbroking is the sponsoring broker to the offer and corporate advisers Sydney Capital Partners is the IPO project manager.

• If you are not a client of Shaw Stockbroking please download and read the Prospectus available on the ASX web site by clicking here or email [email protected] and ask for a copy of the Prospectus to be mailed to you. You should then complete the application form at the back of the Prospectus and post it with your cheque to Inabox Group Limited GPO Box 1658 SYDNEY NSW 2001

• If you are a client of Shaw Stockbroking please contact your broker

About Inabox

The Inabox business model was founded over 10 years ago. From the beginning the mission of Inabox has been to make it easier for almost anyone to build and run their own telecommunications company.

Inabox is an aggregator that provides its customers, called Retail Service Providers, with telecommunications products (voice, mobile, data) and back office services including customer support, billing and provisioning. The Retail Service Providers then on sell these telecommunications products and services to end users under their own brand.

Inabox generated over $45 million in pro forma revenue during financial year 2012 and at the completion of the IPO Inabox will support around 200 Retail Service Providers and employ approximately 75 staff.

To read more about Inabox, please click here.

Any questions?

If you have any questions about the IPO or offer please call Mark Nesbitt on 0411 22 88 99 or email [email protected].