NTO nitro software limited
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News: NTO Nitro Software Gets Revised Takeover Offer From Alludo

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    12/12/22
    09:15
    Post #: 65269072

    Dec 12 (Reuters) - Nitro Software Ltd (NTO) :

    • REVISED ALLUDO TRANSACTION
    • ALLUDO AGREED TO AMEND IMPLEMENTATION DEED INCREASING PRICE BY A$0.15 TO A$2.15 CASH PER NITRO SHARE
    • NITRO BOARD WILL NOT PROVIDE DUE DILIGENCE ACCESS TO POTENTIA CAPITAL IN RESPECT OF REVISED POTENTIA TAKEOVER OFFER
    • DETERMINED REVISED ALLUDO TRANSACTION IS SUPERIOR TO REVISED POTENTIA TAKEOVER OFFER
    • UNANIMOUSLY RECOMMENDS THAT NITRO SHAREHOLDERS VOTE IN FAVOUR OF THE ALLUDO SCHEME
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