Brief: Fandango Announces Possible Acquisition Of Konnect Mobile Communications

Fandango Holdings

19/12/2018 07:37

Dec 19 (Reuters) - Fandango Holdings PLC  FHP.L :
    * POSSIBLE ACQUISITION AND SUSPENSION OF LISTING
    * SIGNED A NON-BINDING HEADS OF TERMS AGREEMENT TO ACQUIRE
ENTIRE
ISSUED SHARE OF KONNECT MOBILE COMMUNICATIONS INC
    * ACQUISITION, IF IT PROCEEDS, WILL CONSTITUTE A REVERSE
TAKEOVER
UNDER LISTING RULES 
    * ACQUISITION, IF COMPLETED, WOULD RESULT IN FANDANGO
SHAREHOLDERS
HAVING A MINORITY INTEREST IN ENLARGED GROUP 
    * REQUESTED THAT LISTING IN COMPANY'S ORDINARY SHARES BE
SUSPENDED
PENDING PUBLICATION OF A PROSPECTUS  

Source text for Eikon:  ID:nRSS8985Ka 
Further company coverage:  FHP.L 

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