Dec 12 (Reuters) - Damstra Holdings Ltd DTC.AX :
* UNIT ENTERED INTO AN ASSET SALE AGREEMENT TO ACQUIRE SCENARIO ADVANTAGE WORKFORCE BUSINESS (SCENARIO) FROM PROJECTION GROUP
* UNIT HAS ENTERED INTO AN ASSET SALE AGREEMENT TO ACQUIRE SCENARIO ADVANTAGE WORKFORCE BUSINESS FROM PROJECTION GROUP
* TOTAL CONSIDERATION OF $4M WILL BE FUNDED FROM UNIT'S EXISTING CASH RESERVES
* IMPACT OF ACQUISITION, AFTER ACCOUNTING FOR TRANSACTION COSTS, EXPECTED TO BE CONSISTENT WITH CO'S FORECAST EBITDA MARGIN FOR FY20
* EXPECTS FURTHER OPERATING SYNERGIES WILL DELIVER AN ENHANCED EBITDA MARGIN CONTRIBUTION FROM SCENARIO FROM FY21 ONWARDS