News: OML HT&E Announces Sale Of Adshel

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    June 25 (Reuters) - Ht&E Ltd (HT1) :

    • ANNOUNCES ADSHEL SALE AND CAPITAL MANAGEMENT
    • ENTERED INTO BINDING DOCUMENTATION TO SELL ITS OUT OF HOME BUSINESS, ADSHEL, TO OOH!MEDIA LIMITED
    • DEAL FOR A$570 MILLION
    • CAPITAL RETURN TO BE CONDUCTED BY WAY OF ON-MARKET SHARE BUYBACK AND FULLY FRANKED SPECIAL DIVIDEND ONCE SALE OF ADSHEL COMPLETES
    • TOTAL APPLIED TO CAPITAL MANAGEMENT OF ABOUT A$275 MILLION TO BE CONDUCTED BY WAY OF A FULLY FRANKED SPECIAL DIVIDEND OF ABOUT $220 MILLION
    • REMAINDER OF CAPITAL MANAGEMENT TO FUND ON- MARKET BUYBACK (UP TO 10% THRESHOLD)
 
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(20min delay)
Last
$1.54
Change
-0.025(1.60%)
Mkt cap ! $824.3M
Open High Low Value Volume
$1.55 $1.55 $1.51 $766.9K 501.1K

Buyers (Bids)

No. Vol. Price($)
34 20263 $1.53
 

Sellers (Offers)

Price($) Vol. No.
$1.54 12554 21
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