Aug 11 (Reuters) - Iress Ltd (IRE) :
- RECEIPT OF REVISED NBIO FROM EQT
- REVISED IMPLIED VALUE OF A$15.91 CASH PER SHARE BEFORE FRANKING CREDITS
- AGREED TO GRANT EQT A PERIOD OF EXCLUSIVITY FOR 30 DAYS TO UNDERTAKE ITS DUE DILIGENCE
- SUBJECT TO DUE DILIGENCE BOARD INTENDS TO UNANIMOUSLY RECOMMEND OFFER
- IMPLIED VALUE OF PROPOSAL EQUATES TO AN EQUITY VALUE OF A$3.1BN AND AN ENTERPRISE VALUE OF A$3.2BN
- FY21 INTERIM DIVIDEND WILL BE PAID IRRESPECTIVE OF WHETHER ANY TRANSACTION WITH EQT PROCEEDS
- PROPOSAL SUBJECT TO NO DIVIDENDS OR CAPITAL RETURNS BY IRESS BEFORE COMPLETION OF PROPOSED TRANSACTION OTHER THAN PROPOSED FY21 INTERIM DIVIDEND
News: IRE Iress Gets Revised A$15.91/Share Takeover Offer From EQT
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Last
$7.83 |
Change
-0.050(0.63%) |
Mkt cap ! $1.462B | |||
| Open | High | Low | Value | Volume |
| $7.88 | $7.94 | $7.75 | $5.072M | 644.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1952 | $7.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.84 | 656 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$7.79 |
Change
-0.050 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| $7.89 | $7.94 | $7.75 | 80760 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
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