April 6 (Reuters) - Mcgrath Ltd MEA.AX :
* EXPANDS OXYGEN HOME LOANS BUSINESS
* OXYGEN RAISED ADDITIONAL INVESTMENT CAPITAL INTO HOME LOAN BUSINESS THROUGH A $2.5 MILLION CASH INJECTION
* CO REDUCING ITS INTEREST IN OXYGEN TO A 45% SHAREHOLDING VIA CAPITAL INJECTION INTO OXYGEN
* NEW FUNDING WILL BE UTILISED TO GROW RESOURCES, ACCELERATE DIGITISATION TO CREATE BROADER PRODUCT OFFERING FOR OXYGEN
* MEA WILL RETAIN ONE OF THREE BOARD SEATS IN OXYGEN