Brief: Amala Foods To Acquire Entire Issued Share Capital Of Terra Rara UK

Amala Foods

23/05/2022 07:38

May 23 (Reuters) - Amala Foods PLC  DISHB.L :
    * AMALA FOODS PLC  - SUSPENSION OF LISTING AND ACQUISITION
    * AMALA FOODS PLC - TO ACQUIRE ENTIRE ISSUED SHARE CAPITAL
OF
TERRA RARA UK
    * AMALA FOODS PLC - TO DISPOSE OF ITS STAKE IN PHILIPPINE
JOINT
VENTURE COMPANY, AMALA FOODS INC TO ITS LOCAL PARTNER
    * AMALA FOODS PLC - CONSIDERATION FOR TRUK TO BE PAID IN
SHARES
THAT REPRESENT 55% OF ENLARGED ISSUED SHARE CAPITAL OF COMPANY
ON READMISSION
    * AMALA FOODS PLC - TARGETING A READMISSION IN AUTUMN 2022
    * AMALA FOODS - TRUK WILL BE RENAMED UPON COMPLETION OF
PROPOSED
ACQUISITION AND, AIDAN BISHOP TRUK'S FOUNDER WILL STEP DOWN FROM
BOARD AT COMPLETION

Source text for Eikon:  ID:nRSW4010Ma 
Further company coverage:  DISHB.L 

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