AOP apollo consolidated limited
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News: AOP Ramelius Resources Makes A Significantly Improved Off- Market Takeover Offer To Acquire...

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    01/11/21
    12:50
    Post #: 57229127

    Nov 1 (Reuters) - Apollo Consolidated Ltd (AOP) :

    • MAKES A SIGNIFICANTLY IMPROVED OFF- MARKET TAKEOVER OFFER TO ACQUIRE APOLLO CONSOLIDATED LIMITED
    • APOLLO SHAREHOLDERS TO RECEIVE AN IMPLIED OFFER PRICE OF A$0.621 PER SHARE
    • REVISED OFFER IS UNCONDITIONAL AND UNANIMOUSLY RECOMMENDED BY APOLLO DIRECTORS
    • REVISED OFFER COMPRISING A$0.34 IN CASH AND 0.1778 RAMELIUS SHARES PER APOLLO SHARE
    • ENTERED BINDING AGREEMENT WITH A MAJOR APOLLO SHAREHOLDER TO IMMEDIATELY ACCEPT INTO REVISED OFFER
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