Oct 11 (Reuters) - Z Energy Ltd (ZEL) :
- Z ENERGY BOARD UNANIMOUSLY RECOMMENDS SCHEME OF ARRANGEMENT
- ENTERED INTO A BINDING SCHEME IMPLEMENTATION AGREEMENT WITH AMPOL LIMITED
- UNDER DEAL, PROPOSED THAT AMPOL ACQUIRE ALL SHARES OF Z BY MEANS OF A SCHEME OF ARRANGEMENT
- Z SHAREHOLDERS WOULD RECEIVE A CASH OFFER PRICE OF NZ$3.78 PER SHARE
- WILL ALSO RECEIVE FIRST NZ$0.05 PER SHARE OF INTERIM FY22 DIVIDEND WITHOUT ADJUSTING CASH OFFER PRICE
- UNDER DEAL, OVERALL VALUE TO Z SHAREHOLDERS OF NZ$3.83 PER SHARE
(([email protected];))
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