Brief: Lion Rock Group Says Unit Intends To Enter Agreement With Quarto To Underwrite Quarto Open Offer

Quarto

16/01/2020 24:18

Jan 16 (Reuters) - Lion Rock Group Ltd  1127.HK :
    * UNIT INTENDS TO ENTER AGREEMENT WITH QUARTO TO UNDERWRITE
QUARTO
OPEN OFFER
    * MAXIMUM PAYMENT TO BE MADE BY CO'S UNIT FOR TAKING UP
QUARTO NEW
SHARES WILL AMOUNT TO ABOUT £7.9 MILLION
    * UNDER QUARTO OPEN OFFER, UNIT TO ALSO ENTER INTO SELL DOWN
UNDERTAKING, DEED OF LOAN NOTE AMENDMENT & DEED OF AMENDMENT &
CONSENT

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Further company coverage:  1127.HK 

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