July 1 (Reuters) - Ingenia Communities Group INA.AX :
* ENTERED AGREEMENT WITH EIGHTH GATE CAPITAL MANAGEMENT TO ACQUIRE EIGHTH GATE FUNDS AND ASSET MANAGEMENT BUSINESS
* SEES TRANSACTION TO BE IMMEDIATELY ACCRETIVE
* SEES FY RESULTS TO BE AT UPPER END OF GROUP'S GUIDANCE RANGE OF 15-20% EBIT GROWTH & 5-10% UNDERLYING EPS GROWTH
* EXPECTS TO INVEST UP TO $17 MILLION TO ACQUIRE BUSINESS AND AN INTEREST IN EACH OF FUNDS
* EXPECTS FUNDS MANAGEMENT INVESTMENT TO CONTRIBUTE TO EARNINGS IN FY20