TGP 17.8% 63.0¢ 360 capital group

News: TGP Asia Pacific Data Centre updates on discussions with 360 Capital Group

  1. 184,653 Posts.
    lightbulb Created with Sketch. 2711

    Sept 8 (Reuters) - Asia Pacific Data Centre Group (AJD) :

    • Has been in extensive ongoing discussions with 360 Capital Group regarding development of its alternative proposal to acquire APDC securities
    • In considering alternative proposal, board informed 360 Capital that it is supportive of it submitting an all-cash, fully-funded takeover offer
    • Board is not supportive of a debt funded capital distribution of $0.65 per APDC security
    • Informed 360 Capital it does not propose to make capital distribution of $0.65 per APDC security as set out in proposal
    • Recommends that APDC securityholders accept NEXTDC offer of $1.87 cash per APDC security, in absence of a superior proposal
    • Remains open to 360 Capital to put forward an all-cash, fully-funded takeover bid at price exceeding NEXTDC offer
 
watchlist Created with Sketch. Add TGP (ASX) to my watchlist
(20min delay)
Last
63.0¢
Change
0.095(17.8%)
Mkt cap ! $146.1M
Open High Low Value Volume
57.0¢ 64.0¢ 57.0¢ $645.3K 1.057M

Buyers (Bids)

No. Vol. Price($)
1 31317 63.0¢
 

Sellers (Offers)

Price($) Vol. No.
63.5¢ 10850 2
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
62.0¢
  Change
0.095 ( 17.0 %)
Open High Low Volume
58.5¢ 63.0¢ 57.5¢ 315435
Last updated 15.50pm 29/03/2024 ?
TGP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.