APA Group (ASX: APA), announces the appointment of James Fazzino as a non-independent Non-executive Director to the Board of Australian Pipeline Limited (APL) with effect from 21 February 2019 and the retirement of Russell Higgins AO from the Board.
The 1.375% medium term notes due 22 March 2022, 2.00% medium term notes due 22 March 2027 and 3.50% medium term notes due 22 March 2030 of AQH will be suspended at the close of trading today Monday, 11 February 2019, in accordance with Listing Rule 17.2, at the request of AQH.
APT Pipelines Limited (ASX: AQH) (APT) has today submitted a formal application for its removal from the Official List of the Australian Securities Exchange (ASX) pursuant to ASX Listing Rule 17.11. This request relates to APT only. APA Group (ASX:APA) will continue to be listed on ASX.
APA Group (ASX:APA), notes today’s media release by SEA Gas (attached within PDF below)) announcing the signing of multiple customer agreements on the SEA Gas Pipeline. The suite of contracts runs on average for 5 years, and locks in more than 80 per cent of the pipeline’s firm capacity.
APA Group, a leading Australian energy infrastructure business, today announced it has signed a significant variation to an existing East Coast Grid gas transportation agreement. The contract variation represents the re-contracting of current services, delivering approximately $40 million in revenue over the period 1 January 2021 to 31 December 2022; and a suite of new services, totalling in the order of $50 million of new revenues for the period 1 January 2020 to 31 December 2022.
APA Group (ASX:APA), advises that effective today, it has terminated its contract with a subsidiary of RCR Tomlinson Ltd (ASX:RCR) for the turnkey construction of APA’s Darling Downs Solar Farm following appointment of voluntary administrators by RCR on 22 November 2018.
APA Group today announced an estimated FY2019 interim distribution of 21.5 cents per security for the six months ending 31 December 2018. This represents a 2.3% increase over the FY2018 interim distribution per security.
APA Group Chairman Michael Fraser has today announced that APA’s long serving CEO and Managing Director Mick McCormack has advised the Board of his intention to retire from the role no later than 31 December 2019.
APA Group announced it has signed a variation to an existing multi-asset gas transportation agreement on APA’s East Coast Grid. The agreement commences in January 2019, replacing an existing agreement that expires on that date, and will generate total revenue in the order of $40 million over the following 3 years.
APA Group (ASX:APA), today reconfirms its FY2019 guidance following termination of the Implementation Agreement with the CKI Consortium. The Implementation Agreement was terminated last night in accordance with its terms, following the Federal Treasurer’s decision to prohibit the CKI Consortium’s proposed acquisition of APA as described in APA’s ASX release of 21 November 2018.