IMG Securities Admitted To All Ords, Company Announces Significant Refinance.
IMG Securities Admitted To All Ords – Intelligent Monitoring Group has been advised its securities will be admitted to the All-Ordinaries Index and has advantageously refinanced existing debt, enhancing growth prospects.
IMG said it has drawn down on $A85 million of recently announced NAB secured banking facilities and repaid its secured facility to Tor Investment Management and Longreach Credit Investors.
This facility will reduce the company’s interest and funding costs significantly, with interest for FY26 forecast to be $6.2 million, down from a forecast $13.8 million in FY25 and $9.2m in 1H25.
According to IMG, its secured NAB banking facilities not only refinance existing debt but include an additional $35 million acquisition facility, as well as a bank guarantee facility.
At the same time, IMG has been informed by ASX that the company’s securities will be admitted to the Australian All-Ordinaries Index from March 24, 2025.
“Collectively these significant milestones assist the company to continue its growth trajectory, organically and by acquisition, to become the leading security services provider in Australia,” said IMG’s managing director, Dennison Hambling.
IMG through local providers, ADT Australia and Signature Security Group, supports 70,000 monitored lines, which it said makes it the largest independent A1 security monitoring provider in Australia. In H1 2025 IMG’s revenue increased 43 per cent, EBITDA jumped 23 per cent and adjusted cashflow was up 44 per cent year on year.
You can learn more about IMG here or read more SEN news here.
“IMG Securities Admitted To All Ords, Company Announces Significant Refinance.”
