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June 25 (Reuters) - Vonex (VN8) : ENTERS SCHEME OF ARRANGEMENT...

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    25/06/24
    16:10
    Post #: 74482305

    June 25 (Reuters) - Vonex (VN8) :

    • ENTERS SCHEME OF ARRANGEMENT WITH MAXOTEL
    • MAXOTEL TO ACQUIRE VONEX FOR 3.75 AU CENTS PER SHARE BY WAY OF A SCHEME OF ARRANGEMENT
    • SCHEME ASSUMES EQUITY VALUE OF A$14.1M ON FULLY DILUTED BASIS
    • VONEX BOARD UNANIMOUSLY RECOMMENDS THAT VONEX SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
    • OFFER PRICE IMPLIES AN ENTERPRISE VALUE OF A$34.4 MILLION

    (([email protected];))

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