Brief: Goodwood Capital Says Reached Agreement To Buy 100% Of Wasteco Holdings NZ Ltd

WasteCo

25/04/2022 21:35

April 26 (Reuters) - Goodwood Capital Ltd  GWC.NZ :
    * REACHED AGREEMENT TO ACQUIRE 100% OF WASTECO HOLDINGS NZ
LIMITED
    * TRANSACTION AGREED BETWEEN PARTIES VALUES WASTECO AT NZ$31
MILLION
    * WILL UNDERTAKE CAPITAL RAISING TO RAISE NZ$3 MILLION OF
NEW
CAPITAL
    * UNDER DEAL, EXISTING SHAREHOLDERS OF WASTECO WILL BE
ISSUED 560
MILLION FULLY PAID ORDINARY SHARES FOR NZ$0.05 PER SHARE
    * CAPITAL RAISING AT ISSUE PRICE OF NZ$0.05 PER SHARE TO
RAISE
ADDITIONAL NEW CAPITAL FOR GWC POST COMPLETION OF TRANSACTION

Source text https://www.i-search.nzx.com/blobs/SNK000000/529614/SNK000000-369201.pdf
Further company coverage:  GWC.NZ 

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