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News: PEP Pepper Group enters scheme implementation deed with Red Hot Australia Bidco

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    10/08/17
    09:30
    Post #: 26407317

    Aug 10 (Reuters) - Pepper Group Ltd (PEP) :

    • Entered into scheme implementation deed with red hot australia bidco
    • Pepper directors unanimously recommend shareholders vote in favour of the scheme
    • Pursuant to scheme implementation deed, Pepper shareholders will receive a cash payment of $3.60 per share
    • Pepper board is entitled to pay fully franked interim dividend of up to 3 cents per share before implementtation of the scheme
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