Brief: Lion Rock Group Says Unit Intends To Enter Agreement With Quarto To Underwrite Quarto Open Offer
16/01/2020 24:18
Jan 16 (Reuters) - Lion Rock Group Ltd 1127.HK :
* UNIT INTENDS TO ENTER AGREEMENT WITH QUARTO TO UNDERWRITE
QUARTO
OPEN OFFER
* MAXIMUM PAYMENT TO BE MADE BY CO'S UNIT FOR TAKING UP
QUARTO NEW
SHARES WILL AMOUNT TO ABOUT £7.9 MILLION
* UNDER QUARTO OPEN OFFER, UNIT TO ALSO ENTER INTO SELL DOWN
UNDERTAKING, DEED OF LOAN NOTE AMENDMENT & DEED OF AMENDMENT &
CONSENT
Source text for Eikon: []
Further company coverage: 1127.HK
((Reuters.Briefs@thomsonreuters.com;))
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