Brief: Quantum Health Group Says Entered A Scheme Implementation Deed To Merge Co & Paragon Care

Paragon Care

08/11/2021 24:36

Nov 8 (Reuters) - Quantum Health Group Ltd  QTM.AX :
    * ENTERED A SCHEME IMPLEMENTATION DEED TO MERGE CO & PARAGON
CARE
VIA AN ALL-SCRIP TRANSACTION
    * UNDER PROPOSED MERGER, QUANTUM SHAREHOLDERS TO GET 0.243
PARAGON
CARE SHARES FOR EACH QUANTUM SHARE
    * QUANTUM BOARD UNANIMOUSLY RECOMMENDS SHAREHOLDERS VOTE IN
FAVOUR
OF SCHEME
    * COMBINED PRO-FORMA FY21 REVENUES OF A$291 MILLION EXPECTED
POST-MERGER, WITH FY21 EBITDA OF A$37 MILLION

Source text for Eikon:  ID:nASX3YWPr8 
Further company coverage:  QTM.AX   PGC.AX 

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