Brief: Novatti Group Agrees Sale Of Its Stake In Reckon

Novatti

16/11/2023 01:29

Nov 16 (Reuters) - Novatti Group Ltd  NOV.AX :
    * AGREED SALE OF ITS STAKE IN RECKON
    * WILL REDEEM AND FULLY REPAY ITS A$10.5M CORPORATE BOND
FACILITY
    * AGREED TO SELL ITS 19.9% HOLDING IN RECKON AT A$0.40 PER
SHARE
FOR AN AGGREGATE PRICE OF A$8.9M

Source text for Eikon:  ID:nASXbPjywJ 
Further company coverage:  NOV.AX 

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