Brief: Schrole Says Agrees To Scheme Agreement With Tes Global

Schrole

17/06/2024 02:19

June 17 (Reuters) - Schrole  SCL.AX :
    * AGREES TO SCHEME AGREEMENT WITH TES GLOBAL
    * PROPOSED TES WILL ACQUIRE 100% OF SCHROLE FOR 48.52 AU
CENTS PER
SHARE BY WAY OF A SCHEME OF ARRANGEMENT
    * ENTERED INTO A SCHEME IMPLEMENTATION DEED UNDER WHICH IT
IS
PROPOSED TES WILL ACQUIRE 100% OF SCHROLE FOR 48.52 AU CENTS PER
SHARE
    * UNANIMOUSLY RECOMMENDS THAT SCHROLE SHAREHOLDERS VOTE IN
FAVOUR
OF SCHEME
    * SCHEME VALUES SCHROLE'S EQUITY AT A$18.15M

Further company coverage:  SCL.AX 

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