GTY gateway lifestyle group
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June 25 (Reuters) - Gateway Lifestyle Group (GTY) : RECEIPT OF...

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    25/06/18
    11:50
    Post #: 33925350

    June 25 (Reuters) - Gateway Lifestyle Group (GTY) :

    • RECEIPT OF REVISED INDICATIVE, NON-BINDING PROPOSAL HOMETOWN
    • RECEIVED A REVISED CONFIDENTIAL, INDICATIVE AND NON-BINDING PROPOSAL FROM HOMETOWN
    • DEAL TO BUY 100% OF ISSUED STAPLED SECURITIES OF GATEWAY LIFESTYLE AT AN INDICATIVE PRICE OF $2.35 PER SECURITY
    • HOMETOWN ALSO INDICATED THAT IT HOLDS A RELEVANT INTEREST IN GATEWAY LIFESTYLE SECURITIES OF 18.2% AS AT 23 JUNE
    • STARTED ASSESSMENT OF REVISED HOMETOWN PROPOSAL, AND IMPLICATIONS FOR EXCLUSIVITY AGREEMENT CURRENTLY IN PLACE WITH BROOKFIELD
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