April 27 (Reuters) - Bingo Industries Ltd (BIN) :
- BINGO ENTERS INTO SCHEME IMPLEMENTATION DEED WITH MIRA
- UNDER TERMS, SHAREHOLDERS HAVE OPTION TO RECEIVE $3.45 CASH PER BINGO SHARE OR MIXED CASH AND UNLISTED SCRIP ALTERNATIVE
- INTENDS TO DECLARE A FULLY FRANKED SPECIAL DIVIDEND OF UP TO $0.117 PER SHARE PRIOR TO IMPLEMENTATION OF SCHEME
- INDEPENDENT BOARD COMMITTEE AND OTHER BINGO RECOMMENDING DIRECTORS UNANIMOUSLY RECOMMEND SCHEME
- SCHEME IS NOT SUBJECT TO A FINANCING CONDITION.
- CASH CONSIDERATION IMPLIES AN EQUITY VALUE OF APPROXIMATELY $2.3 BILLION AND AN ENTERPRISE VALUE OF APPROXIMATELY $2.6 BILLION
