News: BLD Boral Has Been Able To Negotiate Package Of Measures With Seven Group Holdings

April 12 (Reuters) - Boral Ltd (BLD) :

• HAS BEEN ABLE TO NEGOTIATE PACKAGE OF MEASURES WITH SEVEN GROUP HOLDINGS TO ENHANCE VALUE RECEIVED BY CO'S SHAREHOLDERS WHO ACCEPT SGH OFFER
• SEVEN GROUP HOLDINGS WILL WAIVE CONDITIONS ON INCREASE OF CASH COMPONENT OF SGH OFFER CONSIDERATION TO A$1.70 PER SHARE
• BORAL WILL HAVE OPTION TO UNDERTAKE ON-MARKET BUY-BACK
• BUY-BACK WOULD ALSO BE SUBJECT TO A MAXIMUM TOTAL SIZE OF UP TO A$350 MILLION AND CEASE TO OPERATE AFTER 10 MAY 2024

(([email protected];))