Brief: Count Entera Into A Binding Scheme Implementation Deed With Diverger

Diverger

22/09/2023 02:39

Sept 22 (Reuters) - Count Ltd  CUP.AX :
    * ENTERED INTO A BINDING SCHEME IMPLEMENTATION DEED WITH
DIVERGER
LIMITED
    * COUNT TO ACQUIRE DIVERGER
    * COUNT WILL ACQUIRE 100% OF ISSUED SHARES IN DIVERGER BY
WAY OF A
BOARD-RECOMMENDED SCHEME OF ARRANGEMENT
    * TRANSACTION IS UNANIMOUSLY RECOMMENDED BY BOARD OF
DIRECTORS OF
DIVERGER
    * SCHEME VALUES DIVERGER AT A$45.3 MILLION
    * DIVERGER SHAREHOLDERS WILL RECEIVE CONSIDERATION
COMPRISING 1.38
COUNT ORDINARY SHARES PLUS A$0.367 IN CASH PER DIVERGER ORDINARY
SHARE
    * TRANSACTION IS EXPECTED TO BE IMPLEMENTED IN 1H CY24

Source text for Eikon:  ID:nASX44HS9G 
Further company coverage:  CUP.AX 

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