DomaCom secures $1.5 million strategic investment from Lumiere Lifestyle Group
ASX-listed DomaCom have secured a $1.5 million private placement from Lumiere Lifestyle Group Limited, further strengthening its financial position and investment strategy.
This news follows the recent announcements of a $2 million placement and the appointment of Giuseppe Porcelli as Non-Executive Chairman.
Strategic Investment & Portfolio Growth
Under the agreement, Lumiere will subscribe for 107,142,857 fully paid ordinary shares at $0.014 per share (pre-consolidation). Additionally, Lumiere will receive:
- 88,360,980 options, exercisable at $0.014 or the 5-day VWAP (capped at $0.021), expiring 30 April 2025.
- 142,857,143 options, exercisable at $0.021 or the 5-day VWAP (capped at $0.014), expiring 31 December 2025 (subject to shareholder approval).
A 5:1 share consolidation will follow shareholder approval at the upcoming AGM.
Expansion Through New Investment Funds
DomaCom and Lumiere will launch three new funds:
- Maison Rose Care Fund – Financing care providers with fixed-income returns.
- Lumiere Homeowner Shared Equity Fund – Investing in residential property via DomaCom’s Bricklet Shared Equity platform.
- Evercare Living SDA Property Fund – A multi-asset fund specialising in Specialist Disability Accommodation (SDA) properties.
“This placement underscores Lumiere’s confidence in DomaCom’s vision and capabilities,” said Giuseppe Porcelli, Chairman of DomaCom.
Asset Acquisitions & Investor Benefits
Lumiere will acquire underperforming sub-fund assets, allowing investors to reinvest into the Maison Rose Care Fund with additional top-up units, enhancing investment outcomes. Investors in maturing sub-funds can choose:
- Scrip Consideration (105% of valuation) – Reinvest 75% into Maison Rose Care Fund + 30% in fund units.
- Cash Consideration (75% of valuation) – Opt for a direct payout.
“By partnering with DomaCom, we aim to enhance underperforming assets and unlock long-term investor value,” said Michael Elliott, CEO of Lumiere Lifestyle Group.
Future Growth & Market Impact
With $3.5 million in new investments, DomaCom is accelerating fund expansion, portfolio realignment, and investor accessibility. Completion is expected by 31 March 2025, subject to approvals.
