Oct 28 (Reuters) - Easton Investments Ltd EAS.AX :
* ENTERED INTO A BINDING HEADS OF AGREEMENT WITH HUB24
* APPOINTS NATHAN JACOBSEN AS EASTON'S MANAGING DIRECTOR
* HEADS OF AGREEMENT CONTEMPLATES STRATEGIC INVESTMENT BY HUB24 BY WAY OF PLACEMENT OF 11.71 MILLION EASTON SHARES AT $1.20 PER SHARE
* HEADS OF AGREEMENT CONTEMPLATES ACQUISITION BY EASTON FROM HUB24 OF PARAGEM PTY FOR $4.0 MILLION
* AS PART OF AGREEMENT, HUB24 HAS RIGHT TO NOMINATE 2 DIRECTORS TO JOIN EASTON BOARD