MANTRA GROUP LISTS ON THE ASX
Mantra Group Limited (ASX : MTR) today listed on the Australian Securities Exchange, debuting on the bourse under the ASX code MTR at $1.85 per share compared to its IPO price of $1.80 per share.
Mantra Group CEO Bob East said the positive response from the market was an endorsement of Mantra's strong team and the strategy they had put in place for future growth.
ABOUT MANTRA GROUP
Mantra Group is a leading manager and marketer of hotels and resorts in Australia, New Zealand and Indonesia. The Group owns and operates 113 properties and over 11,600 rooms under three well-known brands – Peppers, Mantra and BreakFree. Mantra Group is the second largest accommodation operator in Australia and offers both leisure and business style accommodation ranging from self-contained apartments and city hotels to luxury resorts and retreats.