Brief: Damstra Holdings Updates On Potential Control Transactions

Damstra Holdings

10/11/2023 01:14

Nov 10 (Reuters) - Damstra Holdings Ltd  DTC.AX :
    * UPDATE ON POTENTIAL CONTROL TRANSACTIONS
    * MITRATECH HAS ADVISED DAMSTRA THAT IT HAS WITHDRAWN
MITRATECH
PROPOSAL
    * FOLLOWING WITHDRAWAL OF MITRATECH PROPOSAL, DAMSTRA HAS
RE-ENGAGED WITH ANOTHER INTERESTED PARTY, IDEAGEN LIMITED
    * COMPANY INTENDS TO ENGAGE WITH IDEAGEN ON IDEAGEN PROPOSAL
    * DISCUSSIONS BETWEEN DAMSTRA AND IDEAGEN REMAIN ONGOING
    * IDEAGEN PROPOSAL IS NON-BINDING AND HIGHLY CONDITIONAL
    * NO CERTAINTY THAT ANY BINDING TRANSACTION WILL PROCEED OR
EVENTUATE AS A RESULT OF IDEAGEN PROPOSAL

Source text for Eikon:  ID:nASX5T0KRP 
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