Link – Algo Buy

Link Administration Holdings is now under Algo Engine buy conditions.

Link Administration Holdings Limited (ASX: LNK) (Link Group) refers to its announcement dated 7 December 2020 advising that it had received a conditional, non-binding indicative proposal from SS&C Technology Holdings (SS&C) to acquire 100% of the shares in Link Group
(SS&C Proposal).

On 3 January 2021, Link Group received a letter from SS&C stating it has withdrawn its SS&C
Proposal.

The Link Group Board will continue to consider all alternatives to maximise value for shareholders. As previously announced, this includes a potential separation by way of demerger of Link Group’s interest in Torrens Group Holdings (TGH) (and its core asset, PEXA).

Link Group will also explore a trade sale of its interest in TGH from 18 January 2021.

Link – Algo Buy

Link Administration Holdings is now under Algo Engine buy conditions.

Link Administration Holdings Limited (ASX: LNK) (Link Group) refers to its announcement dated 7 December 2020 advising that it had received a conditional, non-binding indicative proposal from SS&C Technology Holdings (SS&C) to acquire 100% of the shares in Link Group
(SS&C Proposal).

On 3 January 2021, Link Group received a letter from SS&C stating it has withdrawn its SS&C
Proposal.

The Link Group Board will continue to consider all alternatives to maximise value for shareholders. As previously announced, this includes a potential separation by way of demerger of Link Group’s interest in Torrens Group Holdings (TGH) (and its core asset, PEXA).

Link Group will also explore a trade sale of its interest in TGH from 18 January 2021.

Buy Link Administration

Link Administration has attractive long-term fundamentals and is likely to deliver consistent high single digit earnings growth.

At present, the market is failing to look through the shorter-term impacts from changes to recent superannuation legislation. Should broad market weakness force a retest of the $7.00 price range, we’d consider this a good entry level.

Link