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July 31 (Reuters) - Wellard Ltd (WLD) : UPDATES ON SALE OF M/V...

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    31/07/19
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    Post #: 39776569

    July 31 (Reuters) - Wellard Ltd (WLD) :

    • UPDATES ON SALE OF M/V OCEAN SWAGMAN
    • HEYTESBURY HAS INFORMED CO THAT ITS TECHNICAL DUE DILIGENCE CONDUCTED ON M/V OCEAN SWAGMAN IS COMPLETE AND WAS SATISFACTORY
    • NEGOTIATING WITH ANOTHER PARTY, IN RELATION TO ALTERNATIVE TRANSACTION ON M/V OCEAN SWAGMAN THAT COULD LEAD TO A SUPERIOR PROPOSAL
    • HEYTESBURY HAS PROPOSED SOME AMENDMENTS TO TERMS OF TRANSACTION
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