Brief: Symbio Holdings Updates On Superloop Limited Non-Binding Indicative Proposal
22/09/2023 03:17
Sept 22 (Reuters) - Symbio Holdings Ltd SYM.AX :
* UPDATE ON SUPERLOOP LIMITED NON-BINDING INDICATIVE
PROPOSAL
* ADVISES THAT IT HAS RECEIVED A REVISED BEST AND FINAL
NON-BINDING INDICATIVE PROPOSAL FROM SUPERLOOP
* THERE IS NO CERTAINTY AT THIS STAGE THAT ANY AGREEMENT
WILL BE
REACHED OR THAT A TRANSACTION WILL EVENTUATE
* OFFER ALSO CONTEMPLATES FULLY FRANKED DIVIDEND TO SYMBIO
SHAREHOLDERS PRIOR TO SCHEME IMPLEMENTATION OF UP TO A$0.35 PER
SHARE
* AT CURRENT TIME, SHAREHOLDERS DO NOT NEED TO TAKE ANY
ACTION AND
BOARD WILL UPDATE SHAREHOLDERS AS APPROPRIATE
Source text for Eikon: ID:nASX74cxKZ
Further company coverage: SYM.AX
((Reuters.Briefs@thomsonreuters.com;))
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