Brief: Nuchev Says Entered Into Agreement To Acquire 100% Of Shares In bWellness Pty

Nuchev

20/05/2024 02:07

May 20 (Reuters) - Nuchev Ltd  NUC.AX :
    * ENTERED INTO AGREEMENT TO ACQUIRE 100% OF SHARES IN
BWELLNESS
PTY
    * DEAL FOR A$7.0 MILLION
    * CASH CONSIDERATION WILL BE FUNDED BY A$5.1 MILLION
PRO-RATA
ENTITLEMENT OFFER
    * APPOINTMENT OF MICK MYERS AS CHIEF EXECUTIVE OFFICER
    * UNDER ENTITLEMENT OFFER, CO TO ISSUE 1 SHARE FOR EVERY
2.75
SHARES AT A$0.156 PER SHARE


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