July 26 (Reuters) - Pacific Current Group Ltd (PAC) :
- RECEIVED AN UNSOLICITED, NON-BINDING, INDICATIVE PROPOSAL FROM REGAL PARTNERS LIMITED
- PROPOSAL TO ACQUIRE 100% OF SHARES IN PAC BY WAY OF A SCHEME OF ARRANGEMENT
- UNDER REGAL'S PROPOSAL, PACIFIC CURRENT SHAREHOLDERS WOULD RECEIVE AN IMPLIED TOTAL VALUE OF A$11.12 PER SHARE
- PROPOSAL STATES PACIFIC CURRENT SHAREHOLDERS MAY ELECT TO SUBSTITUTE EITHER OR BOTH ELEMENTS OF CONSIDERATION FOR REGAL SHARES
- SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION IN RELATION TO PROPOSAL
- ANTICIPATES FY23 BOUTIQUE CONTRIBUTIONS (EX MARK TO MARKET ADJUSTMENTS) WILL BE BETWEEN A$50M AND A$51M
- INDEPENDENT BOARD COMMITTEE WILL EVALUATE PROPOSAL AND OTHER ALTERNATIVES TO MAXIMISE VALUE FOR SHAREHOLDERS
- UNDER PROPOSAL, CONSIDERATION COMPRISING A$7.50 IN CASH PER PAC SHARE PLUS 2.2 GQG SHARES PER PAC SHARE
- EXPECTS TOTAL REVENUES BETWEEN A$51M AND A$52M FOR FY23
News: RPL Pacific Current Group Says Got Unsolicited, Non-Binding, Indicative Proposal From Regal...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.95 |
Change
0.030(1.03%) |
Mkt cap ! $999.6M | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.97 | $2.86 | $1.823M | 625.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 185 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| RPL (ASX) Chart |