UWL uniti group limited
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News: UWL Uniti Group And Opticomm Enter Into Scheme Implementation Deed

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    15/06/20
    12:25
    Post #: 45225030

    June 15 (Reuters) - Uniti Group Ltd (UWL) :

    • OPTICOMM AND UNITI GROUP ENTER INTO SCHEME IMPLEMENTATION DEED
    • TOTAL DEAL VALUE OF $5.20 PER OPTICOMM SHARE
    • SCHEME CONSIDERATION IS SUBJECT TO TOTAL CASH CONSIDERATION PAYABLE BY UNITI OF APPROXIMATELY $407 MILLION
    • OPTICOMM DIRECTORS UNANIMOUSLY RECOMMEND SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
    • SCHEME CONSIDERATION IS SUBJECT TO TOTAL UNITI SCRIP CONSIDERATION OF ABOUT 84 MILLION UNITI SHARES
    • OPTICOMM SHAREHOLDERS WILL RECEIVE A $0.10 PER OPTICOMM SHARE FULLY FRANKED SPECIAL DIVIDEND
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