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DIG - Asia Pacific Digital News Story

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 £22.9m
Position in Universe th / 1831

BUZZ-Australia's Asia Pacific Digital zooms on takeover offer

Fri 15th June, 2018 3:10am
** Digital strategy and creative solutions firm Asia Pacific
Digital Ltd  DIG.AX  rises as much as 83.3 pct to A$0.11, its
highest since Dec. 6 
    ** Co enters bid implementation deal with Trimantium
GrowthOps Ltd  TGO.AX  for GrowthOps to make off-market takeover
bid to buy all shares of APD  urn:newsml:reuters.com:*:nASX2t3QBF
    ** Growthops offers 1 TGO share for every 8.9 APD fully paid
ordinary shares based on TGO's A$1.23 closing price on Thursday;
says offer equates to A$0.14 per APD share 
    ** Co says statements from APD Shareholders who hold 75.8
pct of APD indicate they intend to accept offer, in absence of a
superior proposal  urn:newsml:reuters.com:*:nL8N1TG6SF
    ** Stock posts biggest intra-day pct gain since Oct. 14,
2013
    ** About 154,000 shares change hands, compared with the
30-day average of 13,763 shares 
    ** Up to Thursday's close, stock had fallen 50 pct this year

($1 = 1.3408 Australian dollars)

 ((Aaron.Saldanha@thomsonreuters.com; +91 80 6749 4146; Reuters
Messaging: Aaron.Saldanha@thomsonreuters.com@reuters.net))
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