Street Talk

Done deal: Johns Lyng raising priced at $5.15, 5.2pc discount

Sarah Thompson, Kanika Sood and Emma Rapaport

Jul 5, 2023 – 3.05pm

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Johns Lyng Group, the property services business, has priced its $65 million placement at $5.15 a share or towards the top end of the bookbuild range.

Johns Lyng chief executive Scott Didier says Smoke Alarms and LinkFire can provide subscription-based revenue. Paul Jones

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com