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A$0.115 0.0  0.0%

Last Trade - 15/08/18

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £22.8m
Position in Universe th / 1832

BRIEF-Trimantium Growthops Makes Takeover Offer For Asia Pacific Digital

Fri 15th June, 2018 2:30am
June 15 (Reuters) - Trimantium Growthops Ltd  TGO.AX :
    * TAKEOVER OFFER FOR ASIA PACIFIC DIGITAL
    * OFFERING 1 TGO SHARE FOR EVERY 8.9 APD FULLY PAID ORDINARY
SHARES BASED ON TGO'S CLOSING PRICE OF $1.23 PER SHARE ON 14
JUNE
    * GROWTHOPS PROVIDED APD WITH A SHORT-TERM WORKING CAPITAL
FACILITY, UNDER WHICH APD CAN DRAW UP TO $2 MILLION
    * OFFER IS CONDITIONAL ON GROWTHOPS ACQUIRING AT LEAST 90%
OF APD
ORDINARY SHARES
    * OFFER IS UNANIMOUSLY RECOMMENDED BY THE APD BOARD, IN THE
ABSENCE OF A SUPERIOR PROPOSAL
    * CO TO ENTER PRIVATE TREATY ARRANGEMENTS WITH CO'S
PLACEMENT
OPTION HOLDERS TO BUY OR CANCEL OPTIONS IN EXCHANGE FOR CO'S
SHARES

Source text for Eikon:  ID:nASX2t3QBF 
Further company coverage:  TGO.AX 

 ((Reuters.Briefs@thomsonreuters.com;))
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