Sept 11 (Reuters) - Atturra Ltd (ATA) :
- ATTURRA TO ACQUIRE CIRRUS NETWORKS VIA SCHEME OF ARRANGEMENT
- ATTURRA HOLDINGS AND CIRRUS NETWORKS ENTERED INTO A BINDING SCHEME IMPLEMENTATION DEED
- ACQUISITION IS EXPECTED TO BE HIGH SINGLE DIGIT EPS ACCRETIVE TO ATTURRA SHAREHOLDERS IN FY24
- SCHEME HAS BEEN UNANIMOUSLY RECOMMENDED BY CIRRUS BOARD OF DIRECTORS
- UNDER SCHEME, CIRRUS SHAREHOLDERS WILL RECEIVE CONSIDERATION WITH TOTAL VALUE OF A$0.053 PER CIRRUS SHARE
- PRE-TAX ANTICIPATED ANNUALISED SYNERGIES OF A$1.0M
- SCHEME REPRESENTS TOTAL EQUITY OFFER VALUE OF APPROXIMATELY A$49.3 MILLION
