Dec 4 (Reuters) - Adairs Ltd ADH.AX :
* ENTERED INTO A BINDING AGREEMENT TO ACQUIRE ALL OF SHARES OF MOCKA LIMITED
* DEAL FOR A NOTIONAL INITIAL ENTERPRISE VALUE OF ABOUT NZ$80 MILLION
* DEAL ACCRETIVE TO CO'S FY20 PRO FORMA REVENUE GROWTH AND EBIT MARGIN
* ACQUISITON EXPECTED TO DELIVER NORMALISED EARNINGS ACCRETION OF ABOUT 10% IN FY20
* ACQUISITION WILL BE FUNDED THROUGH ADAIRS' GROUP TERM DEBT FACILITIES AND AN ISSUE OF 3.2 MILLION ORDINARY CO'S SHARES TO VENDORS
* ACQUISITION IS NOT EXPECTED TO CHANGE CO'S EXISTING DIVIDEND POLICY
* REAFFIRMS FY20 GUIDANCE