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Rural Funds Group announces Successful Completion of Institutional Entitlement Offer

Rural Funds Management Limited (“RFM”), the responsible entity and manager of the Rural Funds Group (“RFF”) advises the successful completion of the institutional component of its fully underwritten 3 for 10 accelerated non-renounceable entitlement offer (“Institutional Entitlement Offer”) announced to the market on 12 July 2018, raising approximately $42 million. The retail component of the entitlement offer (“Retail Entitlement Offer”) will raise a further approximately $108 million, taking the total size of the entitlement offer to $149.5 million (“Equity Raising”).

New units will be issued at a fixed price of $1.95 per unit in RFF and will rank equally with existing units from allotment.

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