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News: PYG Paygroup Says Executes Binding Purchase Agreement To Acquire Astute One Limited

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    28/10/19
    16:30
    Post #: 41103328

    Oct 28 (Reuters) - PayGroup Ltd (PYG) :

    • EXECUTES BINDING PURCHASE AGREEMENT TO ACQUIRE ASTUTE ONE LIMITED
    • TOTAL ACQUISITION CONSIDERATION OF $11M TO BE ISSUED AT $0.85 PER PAYGROUP SHARE REPRESENTING A PREMIUM TO CURRENT SHARE PRICE
    • ACQUISITION EXPECTED TO BE IMMEDIATELY EARNINGS PER SHARE ACCRETIVE
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