Brief: Namoi Cotton Notes Olam Intention To Make An Off-Market Takeover Offer Of A$0.70 Per Share

Namoi Cotton

08/05/2024 10:49

May 8 (Reuters) - Namoi Cotton Ltd  NAM.AX :
    * NOTES OLAM INTENTION TO MAKE AN OFF-MARKET TAKEOVER OFFER
OF
A$0.70 PER SHARE
    * NAMOI SHAREHOLDERS SHOULD TAKE NO ACTION IN RESPECT OF
PROPOSED
OLAM TAKEOVER OFFER AT THIS STAGE
    * SAMUEL TERRY ASSET MANAGEMENT HAS ADVISED NAMOI IT INTENDS
TO
ACCEPT PROPOSED OLAM TAKEOVER OFFER
    * SAMUEL TERRY ASSET MANAGEMENT ADVISED OLAM TAKEOVER OFFER
IS
FAIR AND REASONABLE TO NAMOI SHAREHOLDERS.
    * NAMOI SHAREHOLDERS SHOULD TAKE NO ACTION IN RESPECT OF
LDC'S
TAKEOVER OFFER AT THIS STAGE

Further company coverage:  NAM.AX 

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