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News: PVW Thred Says Co And PVW Resources Sign Bid Implementation Agreement

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    20/11/20
    21:15
    Post #: 49031681

    Nov 20 (Reuters) - Thred Ltd (THD) :

    • THRED AND PVW RESOURCES SIGN BID IMPLEMENTATION AGREEMENT
    • TO MAKE AN OFF-MARKET TAKEOVER OFFER TO ACQUIRE 100% OF ISSUED CAPITAL OF PVW
    • UNDER OFFERS, PVW SHAREHOLDERS WILL BE ENTITLED TO RECEIVE 1 THRED SHARE FOR EVERY ABOUT 3.51 PVW SHARES
    • OFFERS EXPECTED TO CLOSE IN JAN 2021 WITH THRED'S SECURITIES TO BE REINSTATED TO TRADING IN EARLY FEB 2021
    • OFFERS SUBJECT TO CERTAIN CONDITIONS INCLUDING 90% MINIMUM ACCEPTANCE CONDITION

    Source text https://bit.ly/36New6I

    (([email protected];))

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