RHP rhipe limited
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July 1 (Reuters) - rhipe Ltd (RHP) : RHIPE LTD - NON-BINDING...

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    01/07/21
    11:35
    Post #: 54203312

    July 1 (Reuters) - rhipe Ltd (RHP) :

    • RHIPE LTD - NON-BINDING INDICATIVE PROPOSAL TO ACQUIRE RHIPE LIMITED-RHP.AX
    • RHIPE LTD- RECEIVED PROPOSAL FROM CRAYON TO ACQUIRE 100% OF SHARES IN RHIPE
    • RHIPE LTD-PROPOSAL ASSUMES NET CASH POSITION OF RHIPE AT CLOSING OF AT LEAST $31 MILLION
    • RHIPE LTD- DEAL FOR $2.50 PER RHIPE SHARE
    • RHIPE-RESOLVED TO ALLOW CRAYON TO UNDERTAKE LIMITED CONFIRMATORY DUE DILIGENCE ON NON-EXCLUSIVE BASIS
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