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News: AD1 ApplyDirect Acquires Utility Software Services Pty Ltd

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    03/01/19
    16:10
    Post #: 37015959

    Jan 3 (Reuters) - ApplyDirect Ltd (AD1) :

    • ANNOUNCED ACQUISITION OF UTILITY SOFTWARE SERVICES PTY LTD
    • SHARE SALE AGREEMENT PROVIDES FOR USS TO BE ACQUIRED FOR $3.6 MILLION
    • OFFER COMPRISES ISSUE OF ABOUT 132.9 MILLION NEW APPLYDIRECT SHARES
    • CURRENT CEO LORCAN BARDEN WILL LEAVE CO
    • BRYAN PETEREIT WILL BECOME NEW CEO
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