Nov 22 (Reuters) - Konekt Ltd (KKT) :
- KONEKT AND APM HAVE REACHED AGREEMENT ON KEY TERMS OF A REVISED CASH OFFER TO ALL KONEKT SHAREHOLDERS OF $0.70 PER KONEKT SHARE
- RECEIVED AN OFFER FROM MAXIMUS AT $0.70 PER KONEKT SHARE ON MORNING OF 21 NOVEMBER
- IN EVENING OF 21 NOVEMBER 2019, KONEKT RECEIVED A FURTHER PROPOSAL FROM APM AND HAS REACHED AGREEMENT ON KEY TERMS OF REVISED APM OFFER
- REVISED APM OFFER IS AT SAME OFFER PRICE AS THIRD MAXIMUS PROPOSAL, IS LESS CONDITIONAL AND IS CAPABLE OF BEING IMPLEMENTED IN DEC 2019
- REVISED CASH OFFER WITH EFFECT FROM 22 NOVEMBER 2019
