Brief: Til Logistics Group Says Founder Shareholders Sold Down Shares In Private Placement

Move Logistics

30/06/2021 22:25

July 1 (Reuters) - TIL Logistics Group Ltd  TLL.NZ :
    * FOUNDER SHAREHOLDERS SOLD DOWN IN AGGREGATE ABOUT 18.25
MILLION
SHARES AT $1.00 PER SHARE IN PRIVATE PLACEMENT
    * SHAREHOLDERS JIM RAMSAY, GREG WHITHAM, ALAN TERRIS, LARRY
STEWART, KEVIN SMITH TO REMAIN SUBSTANTIAL HOLDERS IN CO AFTER
SELLDOWN
    * FOUNDER SHAREHOLDER SELL DOWN OF 18.25 MILLION SHARES IS
ABOUT
20.8% SHARES ON ISSUE
    * SALE TO RANGE OF INVESTORS, INCLUDING CHRIS DUNPHY

Further company coverage:  TLL.NZ 

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