AOP apollo consolidated limited
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News: AOP Apollo Consolidated Says Ramelius To Acquire Co Via A Recommended Off-Market Takeover...

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    18/10/21
    12:20
    Post #: 56875520

    Oct 18 (Reuters) - Apollo Consolidated Ltd (AOP) :

    • RAMELIUS TO ACQUIRE CO VIA A RECOMMENDED OFF-MARKET TAKEOVER OFFER
    • APOLLO SHAREHOLDERS TO RECEIVE AN IMPLIED OFFER PRICE OF A$0.562 PER SHARE
    • APOLLO'S DIRECTORS UNANIMOUSLY RECOMMEND APOLLO SHAREHOLDERS ACCEPT OFFER
    • DEAL IMPLIES A TOTAL EQUITY VALUE FOR APOLLO OF ABOUT A$163 MILLION
    • APOLLO DIRECTORS & MANAGEMENT ENTERED AGREEMENTS TO ACCEPT OFFER FOR ALL SHARES THEY CONTROL WITHIN 7 DAYS OF OFFER OPENING
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