IOF investa office fund

News: IOF Investa Office Fund says special distribution to be paid if DEXUS proposal becomes...

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    March 30 (Reuters) - Investa Office Fund (IOF) :

    • Special distribution if Dexus proposal becomes effective (IOF)
    • Iof unitholders to receive an additional 7 cents cash distribution per iof unit by way of a special distribution by iof
    • Offer price under the Dexus proposal combined with the special distribution to be paid by iof implies a 6.6% premium to iof's 31 December 2015 nta
    • Standard consideration provided under the Dexus proposal is 0.424 Dexus securities and $0.8229 in cash per iof unit
    • Says IBC continues to unanimously recommend that iof unitholders vote in favour of the Dexus proposal in the absence of a superior proposal
                            
 
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