ANO advance zinctek limited
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News: ANO Advance Zinctek Announces Intention To Make Takeover Bid From Mizikovsky Group

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    11/10/23
    12:15
    Post #: 70285505

    Oct 11 (Reuters) - Advance ZincTek Ltd (ANO) :

    • INTENTION TO MAKE TAKEOVER BID
    • INTENDS TO MAKE A CASH OFF- MARKET TAKEOVER OFFER OF UP TO 70% OF ALL ANO SHARES ON ISSUE FOR A$0.97 PER SHARE
    • CURRENTLY HAS A RELEVANT INTEREST IN 51.58% OF ANO SHARES ON ISSUE
    • MIZIKOVSKY GROUP INTENDS TO MAKE A CASH OFF- MARKET TAKEOVER OFFER
    • FORMED AN INDEPENDENT BOARD COMMITTEE TO EVALUATE AND RESPOND TO TAKEOVER OFFER.
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