MEA mcgrath limited
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News: MEA Mcgrath Enters Into Scheme Implementation Deed

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    25/03/24
    10:50
    Post #: 73039952

    March 25 (Reuters) - Mcgrath Ltd (MEA) :

    • MCGRATH ENTERS INTO SCHEME IMPLEMENTATION DEED
    • ENTERED INTO A SCHEME IMPLEMENTATION DEED WITH A CONSORTIUM OF KNIGHT FRANK AND BAYLEYS
    • UNDER TERMS OF SCHEME, MCGRATH SHAREHOLDERS WILL HAVE OPTION TO RECEIVE A$0.60 CASH PER MCGRATH SHARE
    • IN SCHEME IMPLEMENTATION CONSORTIUM TO ACQUIRE 100% OF SHARE CAPITAL OF MCGRATH BY WAY OF SCHEME OF ARRANGEMENT
    • BOARD OF MCGRATH UNANIMOUSLY RECOMMENDS SHAREHOLDERS VOTE IN FAVOUR OF SCHEME

    (([email protected];))

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