Feb 23 (Reuters) - Seek Ltd (SEK) :
- ANDREW BASSAT WILL STEP DOWN AS MD AND CEO OF SEEK AND BE SUCCEEDED BY IAN NAREV, EFFECTIVE 1 JULY 2021
- ANDREW BASSAT WILL TRANSITION TO A NEW FULL-TIME ROLE OF EXECUTIVE CHAIRMAN AND CEO OF SEEK INVESTMENTS
- FY21 REVENUE TO BE IN ORDER OF A$1,700M
- FY21 EBITDA TO BE IN ORDER OF A$460M
- FY21 REPORTED NPAT TO BE IN ORDER OF A$100M
- CO & OTHER ZHAOPIN SHAREHOLDERS ARE IN ADVANCED TALKS WITH CONSORTIUM LOOKING TO ACQUIRE OWNERSHIP INTEREST IN ZHAOPIN
- POTENTIAL TRANSACTION VALUATION FOR ZHAOPIN WILL BE IN ORDER OF A$2.2 BILLION
- IF PROPOSED TRANSACTION IS COMPLETED, EXPECTED SEEK WILL REDUCE STAKE TO ABOUT 23.5% IN ZHAOPIN
- INTENDS TO RECOMMENCE PAYMENT OF ORDINARY DIVIDENDS AT FY21
Source: https://bit.ly/3aI01nO
(([email protected];))
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