IOF 0.00% $5.58 investa office fund

June 13 (Reuters) - Investa Office Fund (IOF) : ILFML AND...

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    June 13 (Reuters) - Investa Office Fund (IOF) :

    • ILFML AND BLACKSTONE HAVE ENTERED BINDING SCHEME IMPLEMENTATION AGREEMENT IN RELATION TO A TRUST SCHEME
    • UNDER SCHEME, IOF UNITHOLDERS WILL BE ENTITLED TO $5.25 CASH PER UNIT
    • DIRECTORS OF ILFML UNANIMOUSLY RECOMMEND THAT IOF UNITHOLDERS VOTE IN FAVOUR OF SCHEME, IN ABSENCE OF A SUPERIOR PROPOSAL
    • SCHEME REPRESENTS AN OFFER PRICE OF APPROXIMATELY $5.15 PER UNIT ONCE IOF'S EXPECTED 2H18 DISTRIBUTION IS TAKEN INTO ACCOUNT
    • PURSUANT TO AGREEMENT BLACKSTONE WOULD ACQUIRE ALL OF UNITS IN IOF (SCHEME)
 
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