<div dir="ltr">Bevan does it again.... Megaport readies for IPO!<div><div><br></div><div>From: <a href="http://www.afr.com/street-talk/pipe-nextdc-founder-bevan-slattery-in-megaport-deal-20151116-gl066m">http://www.afr.com/street-talk/pipe-nextdc-founder-bevan-slattery-in-megaport-deal-20151116-gl066m</a></div><div><br></div><div><div class="" style="margin:0px;padding:0px;border:0px;font-stretch:inherit;font-size:13px;line-height:18.0001px;font-family:Arial,Helvetica,sans-serif;vertical-align:baseline;display:inline;color:rgb(0,0,0)"><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline">Technology entrepreneur Bevan Slattery is presenting his fifth initial public offering to fund managers this week; connectivity business Megaport. </p><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline">Sources said Brisbane broker Morgans introduced the deal to its network on Monday morning, while Slattery had teed up meetings with a number of fund managers for later in the week. </p><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline">Megaport is seeking to sell 20 million shares at $1.25 each and list with an $87.5 million market capitalisation on December 17. </p><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline">Slattery is expected to line up as Megaport's executive chairman and biggest investor, with a 47 per cent stake. </p></div><span style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.0001px"></span><div class="" style="margin:0px;padding:0px;border:0px;font-stretch:inherit;font-size:13px;line-height:18.0001px;font-family:Arial,Helvetica,sans-serif;vertical-align:baseline;display:inline;color:rgb(0,0,0)"></div><span style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.0001px"></span><div class="" style="margin:0px;padding:0px;border:0px;font-stretch:inherit;font-size:13px;line-height:18.0001px;font-family:Arial,Helvetica,sans-serif;vertical-align:baseline;display:inline;color:rgb(0,0,0)"><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline">The company is expected to lodge a prospectus with the Australian Securities and Investments Commission on Friday. </p><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline">Slattery has built a strong following with fund managers and Morgans' retail investors, thanks to his earlier listing of PIPE Networks, NextDC, Asia Pacific Data Centres and Superloop. </p><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline"> </p><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline">It's understood Megaport will be pitched as a business with about 200 customers in Australia and at a breakeven financial position. </p></div><span style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.0001px"></span><div class="" style="margin:0px;padding:0px;border:0px;font-stretch:inherit;font-size:13px;line-height:18.0001px;font-family:Arial,Helvetica,sans-serif;vertical-align:baseline;display:inline;color:rgb(0,0,0)"></div><span style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.0001px"></span><div class="" style="margin:0px;padding:0px;border:0px;font-stretch:inherit;font-size:13px;line-height:18.0001px;font-family:Arial,Helvetica,sans-serif;vertical-align:baseline;color:rgb(0,0,0)"></div><div class="" style="margin:0px;padding:0px;border:0px;font-stretch:inherit;font-size:13px;line-height:18.0001px;font-family:Arial,Helvetica,sans-serif;vertical-align:baseline;display:inline;color:rgb(0,0,0)"><p style="margin:0px 0px 0.75em;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline">The company is run by former Microsoft and Limelight Networks executive Denver Maddux, who also has about a 5 per cent stake in Megaport. </p></div><span style="margin:0px;padding:0px;border:0px;font-stretch:inherit;font-size:13px;line-height:18.0001px;font-family:Arial,Helvetica,sans-serif;vertical-align:baseline;color:rgb(0,0,0)"><br><br>Read more: <a href="http://www.afr.com/street-talk/pipe-nextdc-founder-bevan-slattery-in-megaport-deal-20151116-gl066m#ixzz3reXsjC9f" style="margin:0px;padding:0px;border:0px;font-style:inherit;font-variant:inherit;font-weight:inherit;font-stretch:inherit;font-size:inherit;line-height:inherit;font-family:inherit;vertical-align:baseline;color:rgb(0,51,153);text-decoration:none;outline:0px">http://www.afr.com/street-talk/pipe-nextdc-founder-bevan-slattery-in-megaport-deal-20151116-gl066m#ixzz3reXsjC9f</a> </span></div><div><br></div><div><br></div><div><div><div class="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><font face="verdana, sans-serif" size="1"><font color="#002060"><font color="#1F497D"><p style="margin:0px;color:rgb(32,73,125)"><br>...Skeeve</p><p style="margin:0px;color:rgb(32,73,125)"><br>--</p><p style="margin:0px;color:rgb(32,73,125)">Skeeve Stevens - The ISP Guy - Internet Provider SME</p></font></font><font color="#002060"><font color="#1F497D"><p style="margin:0px;color:rgb(32,73,125)">Email: <a href="mailto:skeeve@theispguy.com" target="_blank">skeeve@theispguy.com</a> ; Cell: +61(0)414 753 383</p></font></font></font><div><div><font face="verdana, sans-serif" size="1"><font color="#20497d">Skype: skeeve; </font><span style="color:rgb(32,73,125)">Blog: <a href="http://theispguy.com/" target="_blank">TheISPGuy.com</a> ; Facebook: </span><font color="#20497d"><a href="https://www.facebook.com/theispguy" target="_blank">TheISPGuy</a></font></font></div><div><font color="#002060"><font color="#1F497D" face="verdana, sans-serif" size="1"><p style="margin:0px;color:rgb(32,73,125)">Linkedin: <a href="http://www.linkedin.com/in/skeeve" style="color:rgb(17,85,204)" target="_blank">/in/skeeve</a> ; <span style="color:rgb(0,0,0)">Expert360: </span><a href="https://expert360.com/profile/d54a9" style="color:rgb(17,85,204)" target="_blank">Profile</a></p></font></font></div></div><div><blockquote type="cite" style="font-size:12.8px"><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div style="font-size:12.8px"><div style="font-size:12.8px"><div style="font-size:12.8px"></div></div></div></div></div></div></div></div></blockquote></div></div></div></div></div></div></div></div></div></div></div>

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