BPS bps technology limited
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Aug 11 (Reuters) - BPS Technology Ltd (BPS) : BPS makes...

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    12/08/16
    09:54
    Post #: 18501564

    Aug 11 (Reuters) - BPS Technology Ltd (BPS) :

    • BPS makes transformative acquisition (BPS)
    • To acquire entertainment publications Australia and New Zealand
    • Acquisition set to boost BPS' growth profile with Fy17e pro forma revenue growth of 118% and fy17e pro forma EBITDA growth of 49%
    • Says consideration for entertainment publications acquisition is $22.5 million in cash and 2,659,574 in BPS shares
    • Investors will be issued approximately 29.3 million shares under the institutional placement at $0.94 per share
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