VLW villa world limited.
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News: VLW Villa World Enters Into Binding Scheme Implementation Agreement With Avid

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    08/07/19
    11:30
    Post #: 39418384

    July 8 (Reuters) - Villa World Ltd (VLW) :

    • ENTERED INTO A BINDING SCHEME IMPLEMENTATION AGREEMENT WITH AVID
    • AVID WILL ACQUIRE ALL OF ORDINARY SHARES IN VILLA WORLD BY WAY OF A SCHEME OF ARRANGEMENT FOR $2.3451 PER SHARE IN CASH
    • UNDER SIA, CO PERMITTED TO PAY A FINAL DIVIDEND AND/OR A SPECIAL DIVIDEND ON OR PRIOR TO IMPLEMENTATION OF SCHEME
    • BOARD OF DIRECTORS OF VILLA WORLD UNANIMOUSLY RECOMMEND THAT VILLA WORLD SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
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