April 22 (Reuters) - Pioneer Credit Ltd (PNC) :
- PROPOSED SCHEME OF ARRANGEMENT WITH CARLYLE GROUP HAS BEEN TERMINATED
- PROPOSED SCHEME OF ARRANGEMENT WITH CARLYLE GROUP HAS BEEN TERMINATED
- BEGAN LEGAL PROCEEDINGS ON DISPUTE WITH CARLYLE UNDER CO'S SYNDICATED FACILITY AGREEMENT
- NO LONGER SUBJECT TO EXCLUSIVITY PROVISIONS& FREE TO ENGAGE WITH OTHER PARTIES FOR ALTERNATIVE DEAL
- EXPECTS TO SAVE ABOUT $13M IN INVESTMENT SPEND OVER NEXT 3 MONTHS
- COMMENCED DISCUSSIONS WITH POTENTIAL THIRD PARTY LENDERS TO REFINANCE ITS DEBT FACILITIES
- ACTIONS HAVE BEEN TAKEN TO MINIMISE COSTS & POSITION CO TO TRADE THROUGH CURRENT LOCKDOWN PERIOD
- UNAUDITED MANAGEMENT ACCOUNTS REFLECT MANAGEABLE NET LOSS FOR THIS FINANCIAL YEAR
- BELIEVES IN MEDIUM TERM IT MAY SEE SOME BENEFITS FROM REDUCTION IN FUTURE PDP PRICING
News: PNC Pioneer Credit Says Proposed Scheme Of Arrangement With Carlyle Group Terminated
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Last
55.5¢ |
Change
-0.020(3.48%) |
Mkt cap ! $92.41M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 55.5¢ | 55.5¢ | $4.316K | 7.777K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 123 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 6936 | 4 |
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| Last trade - 10.02am 26/08/2025 (20 minute delay) ? |
| PNC (ASX) Chart |