OTW over the wire holdings limited
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Oct 18 (Reuters) - Over The Wire Holdings Ltd (OTW) : TO...

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    18/10/18
    15:00
    Post #: 36174079

    Oct 18 (Reuters) - Over The Wire Holdings Ltd (OTW) :

    • TO ACQUIRE ACCESS DIGITAL NETWORKS AND COMLINX
    • ACQUISITIONS ARE FULLY FUNDED BY INSTITUTIONAL PLACEMENT OF 5 MILLION SHARES TO RAISE $21.5MLN AND EXISTING CASH
    • EPS ACCRETION EXPECTED IN FY19 AND FY20 (PRE SYNERGIES)
    • UPFRONT CONSIDERATION FOR ACCESS DIGITAL NETWORKS OF $13.1 MILLION
    • UPFRONT CONSIDERATION FOR COMLINX OF $16 MILLION
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