Brief: Silver Chef Says Co To Focus On BSC Proposal And Cease Discussions With Next Capital

Siv Capital

16/09/2019 24:52

Sept 16 (Reuters) - Silver Chef Ltd  SIV.AX :
    * BOARD IS OF VIEW THAT A RESOLUTION ON NEXT PROPOSAL PUT
FORWARD
AT A GENERAL MEETING OF SHAREHOLDERS WOULD NOT BE PASSED.
    * ANNOUNCES LACK OF SUPPORT FOR NEXT PROPOSAL
    * RECEIVED COMMUNICATIONS FROM MAJOR SHAREHOLDERS BSC &
ENTITIES
ASSOCIATED WITH ALLAN ENGLISH THAT THEY DO NOT SUPPORT NEXT
PROPOSAL
    * INFORMED ITS FINANCIERS THAT THEY SHOULD FOCUS ON BSC
PROPOSAL
AND STOP DISCUSSIONS WITH NEXT CAPITAL

Source text for Eikon:  ID:nASX7x4Zxj 
Further company coverage:  SIV.AX 

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