Brief: Advance Zinctek Announces Intention To Make Takeover Bid From Mizikovsky Group

Advance Zinctek

11/10/2023 02:12

Oct 11 (Reuters) - Advance ZincTek Ltd  ANO.AX :
    * INTENTION TO MAKE TAKEOVER BID
    * INTENDS TO MAKE A CASH OFF- MARKET TAKEOVER OFFER OF UP TO
70%
OF ALL ANO SHARES ON ISSUE FOR A$0.97 PER SHARE
    * CURRENTLY HAS A RELEVANT INTEREST IN 51.58% OF ANO SHARES
ON
ISSUE
    * MIZIKOVSKY GROUP INTENDS TO MAKE A CASH OFF- MARKET
TAKEOVER
OFFER
    * FORMED AN INDEPENDENT BOARD COMMITTEE TO EVALUATE AND
RESPOND TO
TAKEOVER OFFER.

Source text for Eikon:  ID:nASX4Fg7QF 
Further company coverage:  ANO.AX 

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