Brief: Vonex Says Response To Swoop Proposal

Vonex

06/09/2024 02:09

Sept 6 (Reuters) - Vonex Ltd  VN8.AX :
    * VONEX RESPONSE TO SWOOP PROPOSAL
    * CONFIRMS THAT IT HAS RECEIVED PROPOSAL FROM SWOOP
    * NO CERTAINTY THAT IT WILL LEAD TO A BINDING OFFER FROM
SWOOP.
    * BOARD DOES NOT CONSIDER SWOOP OFFER TO BE SUPERIOR TO
MAXOTEL
OFFER
    * VONEX BOARD DOES NOT CONSIDER SWOOP OFFER TO BE SUPERIOR
TO
MAXOTEL OFFER
    * CONTINUES TO UNANIMOUSLY RECOMMEND SHAREHOLDERS VOTE IN
FAVOUR
OF SCHEME OF ARRANGEMENT WITH MAXOTEL


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