Brief: Titan Wise Group To Make Offer To Acquire Shares Not Owned In ICO Group Ltd

ICO

03/02/2020 15:11

Feb 3 (Reuters) - TITAN WISE GROUP:
    * TO MAKE OFFER VIA HEAD & SHOULDERS SECURITIES TO ACQUIRE
SHARES
NOT OWNED IN ICO GROUP LTD
    * OFFER PRICE OF HK$0.05 PER OFFER SHARE
    * BASED ON 5.23 BILLION SHARES NOT ALREADY HELD BY TITAN
WISE AND
PARTIES ACTING IN CONCERT WITH IT, OFFER IS VALUED AT HK$261.7
MILLION
    * AS AT FEB 3, CO OWNS 15.92% OF ICO GROUP

Source text for Eikon:  ID:nHKS5NtBW7 
Further company coverage:  1460.HK 

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