Brief: Integral Diagnostics Says Merger Implementation Deed On Terms Consistent With Previously Agreed

Integral Diagnostics

18/07/2024 11:27

July 18 (Reuters) - Integral Diagnostics:
    * SIGN MERGER IMPLEMENTATION DEED ON TERMS CONSISTENT WITH
PREVIOUSLY AGREED AND ANNOUNCED MERGER PROCESS DEED
    * BOARD OF CAPITOL UNANIMOUSLY RECOMMENDS CAPITOL
SHAREHOLDERS
VOTE IN FAVOUR OF MERGER
    * CAPITOL SHAREHOLDERS TO RECEIVE 0.12849 INTEGRAL SHARES
PER
CAPITOL SHARE
    * CO AND CAPITOL REAFFIRMED AT LEAST A$10 MILLION
ANTICIPATED
ANNUAL PRE-TAX NET COST SYNERGIES
    * MERGER EXPECTED TO DELIVER DOUBLE-DIGIT PRO FORMA EPS
ACCRETION
TO INTEGRAL SHAREHOLDERS IN FY25
    * MERGER RATIO IMPLIED ENTERPRISE VALUE OF C. A$413 MILLION
FOR
CAPITOL
    * CO AND CAPITOL HEALTH SIGN MERGER IMPLEMENTATION DEED

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