Brief: Pacific Smiles Recommends NDC Counterproposal At A$2.05 Per Share
01/08/2024 02:16
Aug 1 (Reuters) - Pacific Smiles Group Ltd PSQ.AX :
* RECOMMENDED NDC COUNTERPROPOSAL AT A$2.05 PER SHARE
* BOARD HAS DETERMINED THE NDC COUNTERPROPOSAL WOULD PRODUCE
A
SUPERIOR OUTCOME TO SHAREHOLDERS
* NDC HAS PROVIDED A COUNTERPROPOSAL OF A$2.05 PER SHARE
* UNANIMOUSLY RECOMMEND THAT ALL PACIFIC SMILES SHAREHOLDERS
VOTE
IN FAVOUR OF SCHEME RESOLUTION TO APPROVE NDC SCHEME
Further company coverage: PSQ.AX
((Reuters.Briefs@thomsonreuters.com;))
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