Brief: Deterra Royalties Announces Recommended Cash Offer To Acquire Trident Royalties PLC

Trident Royalties

13/06/2024 08:48

June 13 (Reuters) - Deterra Royalties Ltd  DRR.AX :
    * RECOMMENDED CASH OFFER TO ACQUIRE TRIDENT ROYALTIES PLC
    * ALL-CASH OFFER FOR £144 MILLION
    * ALL-CASH OFFER TO ACQUIRE TRIDENT ROYALTIES PLC FOR 49P
PER
TRIDENT SHARE
    * BOARD OF TRIDENT INTENDS TO UNANIMOUSLY RECOMMEND THAT ALL
TRIDENT SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
    * SCHEME TARGETED FOR IMPLEMENTATION IN H2 2024
    * GOT IRREVOCABLE UNDERTAKINGS, LETTER OF INTENT TO VOTE IN
FAVOUR
OF SCHEME FROM 28.7% OF TRIDENT'S SHAREHOLDERS

Further company coverage:  DRR.AX 

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