Brief: Eureka Group Updates On Aspen's Takeover Offer For Eureka

Eureka group

14/03/2024 07:33

March 14 (Reuters) - Eureka Group:
    * ASPEN'S TAKEOVER OFFER FOR EUREKA
    * CONSIDERED BIDDER'S STATEMENT LODGED BY ASPEN GROUP
LIMITED ON 8
MARCH
    * MISLEADING STATEMENTS AND MATERIAL OMISSIONS IN BIDDER'S
STATEMENT THAT SHOULD BE RECTIFIED
    * EUREKA BOARD REMAINS OF VIEW THAT ASPEN OFFER IS
INADEQUATE
    * ASPEN NOT RECOGNISED DISCOUNT IN OFFER CONSIDERATION
RELATIVE TO
RECENT EUREKA SHARE PRICES
    * INTENDS TO RECOMMEND TO SHAREHOLDERS THAT THEY SHOULD
REJECT
ASPEN OFFER

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