Download the Prospectus
Pre Money Equity Valuation
$65,797,401
Min Raise
$52,925,000
Max Raise
$52,925,000
Estimated Close
2020-10-22
Issue Type
IPO
Lead Manager
Euroz Securities Ltd
Type of Securities
Shares
Date First Lodged
30/09/2020
Offer Costs $
$3,200,000
Market Cap Max
$118,722,401
Key Executives
Martin Brydon (NEC), Robert Harcourt (MD), Chris Oates (ED), Gavin Miller (NED)
Company Address
108 Motivation Drive Wangara Western Australia 6065
Exchange
ASX
Chairman's Letter

Dear Investor
On behalf of the Directors, I am pleased to offer you the opportunity to become a shareholder
in Duratec Limited (Duratec or the Company). Duratec is a market leader in protecting and
extending the life of assets and specialist asset refurbishment.
Over the last decade, Duratec has built a reputation as a respected and trusted brand, with
a strong track record and national footprint. The Company’s local teams of experienced
professionals provide quality services to its clients, including the Department of Defence, many
of whom are long-standing. Since inception, Duratec has demonstrated sustainable year on year
revenue and earnings growth, including during the current financial year, which is testament to
the Company’s strength and resilience. A high-quality team, clear growth strategy and positive
industry thematic all support the future demand for Duratec’s services.
With over 30 years’ experience in the Australian and New Zealand construction industries,
including with major ASX-listed companies, I am excited by the opportunity presented by
Duratec. I am impressed not only with Duratec’s financial performance, but also the Company’s
passionate focus on its clients, personnel, culture and service delivery. I look forward to the next
phase of Duratec’s evolution and the opportunities that lie ahead.
On behalf of the Directors, I recommend this Offer to you and look forward to your support and
future participation as a shareholder.
Yours faithfully,
Martin Brydon
Non-Executive Chairman.
Duratec Limited