TRS 0.00% 0.0¢ trs investments limited

Ann: GENERAL: TRS: Mega Limited - Restraining Orders over Shares

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    • Release Date: 25/08/14 15:42
    • Summary: GENERAL: TRS: Mega Limited - Restraining Orders over Shares
    • Price Sensitive: No
    • Download Document  1.18KB
    					TRS
    25/08/2014 15:42
    GENERAL
    
    REL: 1542 HRS TRS Investments Limited
    
    GENERAL: TRS: Mega Limited - Restraining Orders over Shares
    
    25 August 2014
    
    Mega Limited - Restraining Orders over Shares
    
    Further to the announcement released earlier this afternoon, TRS has now had
    an opportunity to consider the press release from Mega Limited.
    
    As noted in the press release, TRS understands that approximately 18% of the
    shares on issue in Mega are subject to restraining orders and are now in the
    custody and control of the Official Assignee.
    
    TRS is not aware of any information in relation to the restraining orders
    other than what was contained in the press release.
    
    Based on this information TRS considers that the restraining orders do not
    impact upon the transaction.
    
    TRS has a conditional agreement to acquire all shares on issue in Mega
    Limited. Subject to fulfilment of the agreement conditions, TRS expects that
    the agreement will be performed.
    
    TRS will make further enquiries as necessary and if its view changes or
    further information comes to light, it will advise the market accordingly.
    
    Keith Jackson
    Chairman
    TRS Investments Limited
    End CA:00254343 For:TRS    Type:GENERAL    Time:2014-08-25 15:42:35
    				
 
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