Brief: Diverger Says Market Commentary Regarding Competing Proposal

Diverger

30/10/2023 01:00

Oct 30 (Reuters) - Diverger Ltd  DVR.AX :
    * MARKET COMMENTARY REGARDING COMPETING PROPOSAL
    * CONFIRMS IT HAS RECEIVED A NON-BINDING INDICATIVE PROPOSAL
FROM
COG FINANCIAL SERVICES
    * WORKING THROUGH COG PROPOSAL AND TO DATE HAS NOT MADE ANY
RECOMMENDATION IN RELATION TO PROPOSAL
    * PROPOSAL IS NOT CURRENTLY REGARDED BY BOARD OF COMPANY AS
A
SUPERIOR PROPOSAL
    * BOARD HAS NOT CHANGED THEIR UNANIMOUS RECOMMENDATION IN
FAVOUR
OF THE CURRENT  SCHEME PROPOSAL WITH COUNT

Source text for Eikon:  ID:nASX6pVg3t 
Further company coverage:  DVR.AX