Brief: Readytech Holdings Announces Withdrawal Of Current Proposal And Potential Alternative Proposal

Readytech Holdings

22/12/2022 02:29

Dec 22 (Reuters) - Readytech Holdings Ltd  RDY.AX :
    * WITHDRAWAL OF CURRENT PROPOSAL AND POTENTIAL ALTERNATIVE
PROPOSAL
    * ADVISED BY PEP THAT IT IS WORKING ON AN ALTERNATIVE
PROPOSAL
THAT COULD DELIVER A$4.50 PER SHARE CONSIDERATION
    * REAFFIRMS ITS FY23 GUIDANCE
    * READYTECH HAS BEEN ADVISED BY PEP THAT IT HAS WITHDRAWN
ITS
CURRENT PROPOSAL
    * DISCUSSIONS WITH PEP ARE ON-GOING AND NO AGREEMENT HAS YET
BEEN
REACHED BETWEEN PARTIES

Further company coverage:  RDY.AX 
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