Brief: Damstra Holdings Updates On Conditional Non-Binding Indicative Proposal

Damstra Holdings

25/10/2023 02:37

Oct 25 (Reuters) - Damstra Holdings Ltd  DTC.AX :
    * UPDATE REGARDING CONDITIONAL NON-BINDING INDICATIVE
PROPOSAL
    * AGREED TO GRANT MITRATECH OPPORTUNITY TO CONDUCT DUE
DILIGENCE
FOR FOUR WEEKS ON AN EXCLUSIVE BASIS
    * PROPOSAL IS NON-BINDING AND HIGHLY CONDITIONAL
    * THERE IS NO CERTAINTY THAT ANY BINDING TRANSACTION WILL
PROCEED
OR EVENTUATE AS A RESULT OF PROPOSAL
    * CONFIRMS CONDITIONAL, NON-BINDING, INDICATIVE PROPOSAL TO
BUY
DAMSTRA FOR A$0.30 CASH PER SHARE

Source text for Eikon:  ID:nASX96YgcL 
Further company coverage:  DTC.AX 

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