News: DWS DWS Says Co And HCL Australia Services Entered Scheme Implementation Agreement

Sept 21 (Reuters) - DWS Ltd (DWS) :

• DWS AND HCL AUSTRALIA SERVICES ENTERED INTO A SCHEME IMPLEMENTATION AGREEMENT
• UNDER AGREEMENT, PROPOSED THAT HCL WILL ACQUIRE 100% OF SHARES IN DWS BY WAY OF A SCHEME OF ARRANGEMENT
• DWS SHAREHOLDERS WILL RECEIVE TOTAL CASH CONSIDERATION OF A$1.20 PER DWS SHARE PLUS AN ADDITIONAL A$0.03 PER SHARE DIVIDEND
• DEAL VALUES DWS ISSUED EQUITY AT A$162.15 MILLION
• DWS' LARGEST SHAREHOLDER, DANNY WALLIS, INTENDS TO VOTE ALL SHARES WITHIN HIS CONTROL IN FAVOUR OF SCHEME

Source text https://bit.ly/33PwBiS

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