Brief: Netccentric Raises Stake In Plata & Punta Via Share Swap

Xamble

21/12/2022 02:10

Dec 21 (Reuters) - Netccentric Ltd  NCL.AX :
    * RAISES STAKE IN PLATA & PUNTA VIA SHARE SWAP
    * TRANSACTION WILL SEE DESMOND'S 23.0% SHAREHOLDING AND
ZIA'S 2.5%
SHAREHOLDING PASS TO CO
    * REMAINING 23.5% OF PLATA & PUNTA WILL CONTINUE TO BE HELD
BY CEO
OF PLATA & PUNTA
    * CONSIDERATION FOR SHARE SWAP IS AN AGGREGATE AMOUNT OF UP
TO 
2.3 MILLION SHARES

Source text for Eikon:  ID:nASXBD0sM 
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 ((Reuters.Briefs@thomsonreuters.com;))