Brief: Pacific Smiles Enters Into A Scheme Implementation Deed With NDC

Pacific Smiles

29/04/2024 02:38

April 29 (Reuters) - Pacific Smiles Group Ltd  PSQ.AX :
    * PSQ ENTERS INTO A SCHEME IMPLEMENTATION DEED WITH NDC
    * SCHEME OF ARRANGEMENT FOR CASH CONSIDERATION OF A$1.90
CASH PER
SHARE
    * WILL HAVE DISCRETION TO PAY SHAREHOLDERS A FULLY FRANKED
DIVIDEND OF UP TO A MAXIMUM OF 12 AU CENTS PER SHARE
    * PACIFIC SMILES BOARD UNANIMOUSLY RECOMMENDS SCHEME
    * WILL HAVE DISCRETION TO PAY SHAREHOLDERS A FULLY FRANKED
DIVIDEND OF UP TO A MAXIMUM OF 12 AU CENTS PER SHARE
    * OFFER REPRESENTS EQUITY VALUE OF A$303M BASED ON ORDINARY
SHARES
OUTSTANDING.

Further company coverage:  PSQ.AX 

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