June 3 (Reuters) - APM Human Services International Ltd (APM) :...

June 3 (Reuters) - APM Human Services International Ltd (APM) :

• ENTERED INTO A SCHEME IMPLEMENTATION DEED (SID) WITH ANCORA BIDCO PTY LTD
• UNDER SCHEME, APM SHAREHOLDERS WILL RECEIVE A$1.45 CASH PER SHARE
• SCHEME IMPLEMENTATION DEED FOR ACQUISITION OF 100% OF ISSUED SHARE CAPITAL OF APM BY WAY OF A SCHEME OF ARRANGEMENT
• CASH CONSIDERATION VALUES ORDINARY SHARES OF APM AT APPROXIMATELY A$1.3 BILLION
• IBC CONSIDERS SCHEME TO BE IN BEST INTERESTS OF APM SHAREHOLDERS
• NOW EXPECTS UNDERLYING EBITDA & UNDERLYING NPATA FOR FY2024 TO BE AROUND BOTTOM END OF RANGES PROVIDED
• IBC RECOMMENDS THAT APM SHAREHOLDERS VOTE IN FAVOUR OF SCHEME

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