TNT tesserent limited
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Aug 19 (Reuters) - Tesserent Ltd (TNT) : ANNOUNCES ACQUISITION...

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    19/08/21
    11:20
    Post #: 55409894

    Aug 19 (Reuters) - Tesserent Ltd (TNT) :

    • ANNOUNCES ACQUISITION OF LOOP SECURE
    • CONSIDERATION FOR ACQUISITION OF LOOP SECURE WILL BE A MIX OF CASH AND TNT SHARES, BEING A$9M IN CASH
    • ACQUISITION IMMEDIATELY EARNINGS, CASH FLOW AND EPS ACCRETIVE
    • TESSERENT - DEAL CONSIDERATION ALSO INCLUDES 15.9M SHARES AT A 14-DAY VWAP OF A$0.28
    • DEAL CONSIDERATION ALSO INCLUDES 15.9M SHARES AT A 14-DAY VWAP OF A$0.28

    TNT)

    (([email protected];))

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