PRT prt company limited

Oct 18 (Reuters) - Seven West Media Ltd (SWM) : SEVEN WEST...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Oct 18 (Reuters) - Seven West Media Ltd (SWM) :

    • SEVEN WEST MEDIA LTD ANNOUNCES MERGING SWM WITH PRIME MEDIA GROUP LIMITED THROUGH A 100% SCRIP-BASED PRIME SCHEME OF ARRANGEMENT
    • SEVEN WEST MEDIA LTD - PRIME SHAREHOLDERS WILL RECEIVE 0.4582 SWM SHARES FOR EACH PRIME SHARE THAT THEY HOLD
    • SEVEN WEST MEDIA LTD - SWM AND PRIME ENTERED SCHEME IMPLEMENTATION DEED UNDER WHICH IT IS PROPOSED THAT SWM WILL ACQUIRE ALL PRIME'S ISSUED SHARES
    • SEVEN WEST MEDIA LTD - FOLLOWING COMPLETION OF PROPOSED TRANSACTION, EXISTING SWM SHAREHOLDERS WILL OWN 90% OF COMBINED ENTITY
    • SEVEN WEST MEDIA LTD - DIRECTORS OF PRIME UNANIMOUSLY RECOMMENDED PRIME SHAREHOLDERS VOTE IN FAVOUR OF SCHEME, IN ABSENCE OF A SUPERIOR PROPOSAL
    • SEVEN WEST MEDIA - COMBINED BUSINESS TO BE LED BY JAMES WARBURTON, SWM MANAGING DIRECTOR AND CEO, & TO BE CHAIRED BY KERRY STOKES AC, CHAIRMAN OF SWM
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.