PEXA Group Limited

PXA

AU0000158594

Internet Services

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
11.42 ^AUD	-3.30%		-0.09%	+2.88%

Apr. 08	PEXA Group Limited Announces Resignation of Alice Morrison as Company Secretary, Effective 8 April 2024	CI
Mar. 25	ActiveOps names James Bawa as managing director	AN

Smoove extends Pexa's deadline to announce offer intention

August 11, 2023 at 05:54 am EDT

Smoove PLC - Oxon, England-based software solutions provider for the housing market - Extends deadline for Pexa Group Ltd to announce its intention to make an offer for the takeover of Smoove

to September 8. The previous deadline was August 11. Says there is no certainty whether an offer will be made. In April, Smoove had announced it was in discussions with the Sydney-listed Pexa, which operates the digital property settlements platform Pexa Exchange, about a potential takeover.

Current stock price: 48.00 pence, trading flat on Friday

12-month change: down 28%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about PEXA Group Limited

PEXA Group Limited Announces Resignation of Alice Morrison as Company Secretary, Effective 8 April 2024	Apr. 07	CI
ActiveOps names James Bawa as managing director	Mar. 25	AN
PEXA Group Revises Operating Model to Drive Growth	Mar. 07	MT
Pexa Group Limited Announces Executive Changes	Feb. 25	CI
PEXA Group Shares Gain 4% as H1 FY24 Revenue Rises 15%; Reconfirms FY24 Guidance	Feb. 22	MT
Transcript : PEXA Group Limited, H1 2024 Earnings Call, Feb 23, 2024	Feb. 22
PEXA Group Posts 15% Rise in H1 FY24 Revenue, Swings to Loss	Feb. 22	MT
PEXA Group Swings to H1 FY24 Loss; Revenue Up 14.9%	Feb. 22	MT
PEXA Group Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 22	CI
Pexa Group Completes Acquisition of Conveyancing Technology Provider	Dec. 20	MT
PEXA Group Limited Provides Earnings Guidance for the Fiscal Year 2024	Dec. 19	CI
Digcom UK Closes Takeover of British Software Group Smoove	Dec. 19	MT
Digcom UK's Acquisition of Smoove Receives Court Sanction	Dec. 15	MT
Smoove updates shareholders on GBP31 million takeover	Dec. 04	AN
Smoove Finalizes Digcom UK Deal Terms, Secures Regulatory Nods	Dec. 04	MT
Transcript : PEXA Group Limited - Shareholder/Analyst Call	Nov. 23
PEXA Group Announces Retirement of Kirstin Ferguson as Non-Executive Director	Nov. 23	CI
Transcript : PEXA Group Limited - Analyst/Investor Day	Nov. 20
Smoove Gets Shareholder Nod for Pexa Group Unit’s Takeover	Nov. 14	MT
Kestrel Partners increases holding in Smoove to around 30%	23-10-09	AN
PEXA to Possibly Buy UK-Based Conveyancing Technology Firm	23-10-05	MT
UK's Smoove Enters GBP31 Million Takeover Deal with Australia-based PEXA	23-10-04	MT
Smoove recommends GBP30.8 million takeover from Pexa	23-10-04	AN
PEXA Group Limited agreed to acquire Smoove plc from Herald Investment Management Ltd., Kestrel Partners LLP, Harwood Capital Management Ltd and other for £30.8 million.	23-10-03	CI
FTSE 100 Ends Week On Positive Note, Up 0.5%	23-09-08	DJ

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Company Profile

PEXA Group Limited operates a digital property settlements platform company. The Company operates through three segments: PEXA Exchange, PEXA Digital Growth, and PEXA International. PEXA Exchange segment includes Australian Electronic Lodgement Network (ELN) and financial settlement platform which operates in the Australian electronic conveyancing market. The PEXA Exchange facilitates the collaboration between customers across the property ecosystem to enable the transfer and settlement of transactions in real property. PEXA Digital Growth segment is engaged in the provision of property-related analytics and digital solutions to financial institutions, governments, property developers and related professionals, and PR actioners in Australia. PEXA International segment is engaged in the provision of digitalized property registration and settlement, and related services, in overseas Torrens Title jurisdictions, initially in the United Kingdom (UK).

Sector

Internet Services

Calendar

2024-08-22 - Q4 2024 Earnings Release (Projected)

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S&P/ASX 200

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OUTPERFORM

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11.42 AUD

Average target price

13.59 AUD

Spread / Average Target

+18.99%

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Other Internet Services

PEXA Group Limited

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PXA

AU0000158594

Internet Services

Smoove extends Pexa's deadline to announce offer intention

EPS Revisions