Brief: GMP Capital Announces Agreement With Richardson Financial, Kevin Sullivan To Amend Richardson GMP Consolidation Transaction

RF Capital

29/09/2020 02:51

Sept 28 (Reuters) - GMP Capital Inc  GMP.TO :
    * GMP CAPITAL, RICHARDSON FINANCIAL GROUP, AND KEVIN SULLIVAN ANNOUNCE AGREEMENT TO AMEND
RICHARDSON GMP CONSOLIDATION TRANSACTION
    * GMP CAPITAL-UNDERTAKE SUBSTANTIAL ISSUER BID TO RETURN $40 MILLION TO MINORITY GMP COMMON
SHAREHOLDERS INSTEAD OF PAYING $0.15 PER SHARE SPECIAL DIVIDEND
    * GMP CAPITAL INC - KEVIN SULLIVAN AGREES TO SUPPORT REVISED TERMS OF RGMP TRANSACTION AND
MANAGEMENT'S SLATE OF DIRECTORS
    * GMP CAPITAL INC - SULLIVAN HAS WITHDRAWN HIS SLATE OF DIRECTORS
    * GMP CAPITAL INC - AGREEMENT TO AMEND TERMS OF PREVIOUSLY ANNOUNCED TRANSACTION TO
CONSOLIDATE
100% OWNERSHIP OF RICHARDSON GMP LIMITED UNDER GMP
    * GMP CAPITAL INC - SULLIVAN HAS AGREED TO VOTE IN FAVOUR OF REVISED RGMP TRANSACTION

Source text for Eikon:  ID:nCNWc25mWa 
Further company coverage:  GMP.TO 

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