VRT virtus health limited
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News: VRT Virtus Health Receives An Improved Proposal From Capvest

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    11/04/22
    11:25
    Post #: 60779585

    April 11 (Reuters) - Virtus Health Ltd (VRT) :

    • VIRTUS RECEIVES AN IMPROVED PROPOSAL FROM CAPVEST
    • AN INCREASE IN TAKEOVER OFFER PRICE TO A$8.10 PER SHARE
    • UNDERTAKING TO STILL ALLOW VIRTUS BOARD TO PAY A FULLY FRANKED SPECIAL DIVIDEND OF UP TO A$0.44 PER SHARE
    • EXPECTS TO SIGN AN AMENDING DEED TO UPDATE TID FOR REVISED CAPVEST OFFER LATER TODAY
    • UNANIMOUSLY RECOMMENDS THAT VIRTUS SHAREHOLDERS VOTE IN FAVOUR OF CAPVEST SCHEME OF ARRANGEMENT
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