Brief: Readytech Holdings Signed Sale And Purchase Agreement To Acquire IT Vision

Readytech Holdings

16/06/2022 02:30

June 16 (Reuters) - Readytech Holdings Ltd  RDY.AX :
    * SIGNED SALE AND PURCHASE AGREEMENT TO ACQUIRE IT VISION
    * ACQUISITION EPS ACCRETIVE IN FY22 ON PRO-FORMA BASIS
BEFORE
SYNERGIES AND EXCLUDING INTEGRATION COSTS
    * UPFRONT CONSIDERATION OF A$23.1 MILLION USING A
COMBINATION OF
50% CASH AND 50% SCRIP
    * UPFRONT CASH FUNDING REQUIREMENT OF A$11.55 MILLION WILL
BE
FUNDED VIA ADDITIONAL DEBT FROM EXISTING FACILITIES.

Source text for Eikon:  ID:nASXbzQHLT 
Further company coverage:  RDY.AX 

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