VNT 1.07% $4.64 ventia services group limited

News: VNT Ventia Services Announces Reduction in Shareholding By Cimic & Apollo

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    March 8 (Reuters) - Ventia Services Group Ltd (VNT) :

    • INFORMED OF AN UNDERWRITTEN BLOCK TRADE
    • FOLLOWING SALE, CIMIC & APOLLO WILL EACH HOLD ABOUT 21.9% OF ISSUED SHARE CAPITAL IN VENTIA
    • CIMIC GROUP INVESTMENTS NO.3 PTY LTD & AIF VIII SINGAPORE PTE LTD (APOLLO) HAVE EACH SOLD 93 MILLION ORDINARY SHARES IN VENTIA
    • CIMIC AND APOLLO HAVE AGREED TO A CUSTOMARY 90 DAY ESCROW PERIOD IN RESPECT OF THEIR REMAINING VENTIA SHARES
 
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