Dreamscape Networks Limited (ASX:DN8) entered into a binding agreement to acquire Domain Name Registrar of Domain Registration (Australia) Pty Ltd. for AUD 8.5 million on June 19, 2018. Consideration of AUD 8.5 million, to be funded through our cash advance facility with Commonwealth Bank of Australia. The transaction is subject to satisfying the customary conditions precedent and the payment of the purchase consideration. The acquisition is expected to be completed on or about July 1, 2018. The acquisition is expected to be immediately EPS accretive in the financial year 2019.