News: PPS Praemium Limited And Powerwrap Limited Entered Into A Bid Implementation Agreement

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    July 9 (Reuters) - Praemium Ltd (PPS) :

    • POWERWRAP LTD - PRAEMIUM LIMITED AND POWERWRAP LIMITED ENTERED INTO A BID IMPLEMENTATION AGREEMENT
    • POWERWRAP- PROPOSED THAT PRAEMIUM WILL MAKE AN OFF-MARKET CONDITIONAL TAKEOVER BID FOR POWERWRAP
    • POWERWRAP- OFFER VALUES POWERWRAP AT AN INDICATIVE PRICE OF 26.44 CENTS PER POWERWRAP SHARE
    • POWERWRAP- UNANIMOUSLY RECOMMEND THAT POWERWRAP SHAREHOLDERS ACCEPT OFFER & INDICATED THAT THEY WILL ACCEPT OFFER
    • POWERWRAP-UNDER OFFER EACH POWERWRAP SHARE HOLDER TO GET 7.5 CENTS PER POWERWRAP SHARE IN CASH & 1 PRAEMIUM SHARE FOR EVERY 2 POWERWRAP SHARES HELD
    • POWERWRAP LTD - PRAEMIUM INTENDS TO FUND CASH COMPONENT OF OFFER CONSIDERATION THROUGH A $15 MILLION TERM LOAN FACILITY
 
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(20min delay)
Last
78.5¢
Change
0.005(0.64%)
Mkt cap ! $375.0M
Open High Low Value Volume
77.0¢ 79.5¢ 76.0¢ $443.0K 565.1K

Buyers (Bids)

No. Vol. Price($)
1 1000 77.5¢
 

Sellers (Offers)

Price($) Vol. No.
80.0¢ 112791 3
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Last trade - 16.10pm 10/09/2025 (20 minute delay) ?
PPS (ASX) Chart
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