News: BRS Broadspectrum recommends Ferrovial's revised offer of $1.50 cash per share

April 28 (Reuters) - Broadspectrum Ltd (BRS) :

• Now recommends shareholders accept Ferrovial's revised offer of $1.50 cash

  per share

• Revised offer in light of increased uncertainty related to operations in

  manus province

• "Board considers it likely that there will be changes to its current

  operations on manus province"

• Revised offer represents a 43% premium to the closing Broadspectrum share

  price on 27 April 2016

• Says Broadspectrum considers that this matter could have a material impact on

  its future earnings, either positive or negative

• "All of the directors currently intend to accept the revised offer in respect

  of their Broadspectrum shareholdings"