Brief: Ventia Services Announces Reduction in Shareholding By Cimic & Apollo

Ventia Services

08/03/2023 24:50

March 8 (Reuters) - Ventia Services Group Ltd  VNT.AX :
    * INFORMED OF AN UNDERWRITTEN BLOCK TRADE
    * FOLLOWING SALE, CIMIC & APOLLO WILL EACH HOLD ABOUT 21.9%
OF
ISSUED SHARE CAPITAL IN VENTIA
    * CIMIC GROUP INVESTMENTS NO.3 PTY LTD & AIF VIII SINGAPORE
PTE
LTD (APOLLO) HAVE EACH SOLD 93 MILLION ORDINARY SHARES IN VENTIA
    * CIMIC AND APOLLO HAVE AGREED TO A CUSTOMARY 90 DAY ESCROW
PERIOD
IN RESPECT OF THEIR REMAINING VENTIA SHARES

Source text for Eikon:  ID:nASX4nncZC 
Further company coverage:  VNT.AX 

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