Brief: Warehouse Group Not Progressing Adamantem Talks

Warehouse

02/08/2024 04:45

Aug 2 (Reuters) - Warehouse Group Ltd  WHS.NZ :
    * WAREHOUSE GROUP NOT PROGRESSING ADAMANTEM TALKS
    * NOT PROGRESSING DISCUSSIONS WITH ADAMANTEM CAPITAL
MANAGEMENT IN
REGARD TO THEIR SCHEME OF ARRANGEMENT PROPOSAL
    * BOARD DECIDED TO DEFER FURTHER TALKS UNTIL SUCH TIME AS
PROPOSAL
RECEIVES WIDER SHAREHOLDER SUPPORT
    * KEY SHAREHOLDER INFORMED BOARD THAT THEY DO NOT SUPPORT
CURRENT
TERMS
    * OPEN TO CONTINUE DISCUSSIONS IF FURTHER PROPOSAL GENERATES
SHAREHOLDER SUPPORT


Further company coverage:  WHS.NZ 

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