April 16 (Reuters) - IOOF Holdings Ltd IFL.AX :
* IOOF DIVESTS NEW ZEALAND-BASED IOOF INTEGRAL MASTER TRUST-IFL.AX
* AT 31 MARCH 2020, IMT HAD ABOUT A$553 MILLION OF FUNDS UNDER ADMINISTRATION
* IOOF NEW ZEALAND ENTERED INTO AN AGREEMENT TO SELL ALL CLIENT RIGHTS RELATING TO IOOF INTEGRAL MASTER TRUST
* SALES PROCEEDS AND CONTRIBUTION TO IOOF'S UNDERLYING NET PROFIT AFTER TAX OF IOOF NZ ARE NOT MATERIAL
* IOOF NEW ZEALAND'S SALE OF IOOF INTEGRAL MASTER TRUST IS TO BRITANNIA FINANCIAL SERVICES