July 3 (Reuters) - GBST Holdings Ltd (GBT) : RECEIVED TWO...

July 3 (Reuters) - GBST Holdings Ltd (GBT) :

• RECEIVED TWO FURTHER NON-BINDING INDICATIVE PROPOSALS TO ACQUIRE 100% OWNERSHIP OF GBST
• GBST RECEIVES REVISED NON-BINDING INDICATIVE PROPOSAL FROM SS&C TECHNOLOGIES AT A$3.60 PER SHARE
• RECEIVED NON-BINDING INDICATIVE PROPOSAL OF CASH PRICE OF A$3.50 PER SHARE FROM KIWI HOLDCO CAYCO, HOLDING COMPANY OF FNZ GROUP
• PRICE OF A$3.60 PER SHARE VALUES EQUITY OF GBST AT ABOUT A$244 MILLION
• GBST BOARD INTENDS TO UNANIMOUSLY RECOMMEND SS&C UPDATED PROPOSAL TO SHAREHOLDERS
• GBST SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION IN RESPONSE TO UPDATED PROPOSAL AT THIS STAGE
• SS&C WOULD ALSO BE COMFORTABLE WITH GBST PAYING A FULLY FRANKED SPECIAL DIVIDEND OF UP TO A$0.35 PER SHARE AHEAD OF COMPLETION