Brief: Pental Agreed In Principle To Change Distribution Agreement With Duracell

Prestal Holdings

16/02/2021 24:13

Feb 16 (Reuters) - Pental Ltd  PTL.AX :
    * AGREED IN PRINCIPLE TO CHANGE DISTRIBUTION AGREEMENT WITH
DURACELL
    * EFFECTIVE MAY 10, NEW ROUTE-TO-MARKET ARRANGEMENT WILL SEE
DURACELL DIRECTLY SUPPLY/MANAGE SOME OF THE MAJOR RETAIL CHAINS
IN AUSTRALIA
    * DOES NOT ANTICIPATE MATERIAL CHANGE TO FY21 UNDERLYING
EBIT
RESULT FROM CHANGES

Source text for Eikon:  ID:nASX9XW1Mh 
Further company coverage:  PTL.AX 

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