WSP whispir limited
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News: WSP Whispir Says Board Of Directors Recommend That Shareholders Reject Soprano Offer

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    05/12/23
    16:20
    Post #: 71284147

    Dec 5 (Reuters) - Whispir Ltd (WSP) :

    • REFERS TO UNSOLICITED OFF-MARKET TAKEOVER BID BY SOPRANO DESIGN TECHNOLOGY
    • BOARD OF DIRECTORS OF WHISPIR RECOMMEND THAT SHAREHOLDERS REJECT SOPRANO OFFER
    • PENDULA EXPECTS TO SUBMIT PENDULA PROPOSAL AS AN ALTERNATIVE TO SOPRANO OFFER BY CLOSE OF BUSINESS ON FRIDAY 8 DECEMBER 2023
    • SEES POSITIVE CASH FLOWS IN SECOND HALF OF FY24 AND REVENUE GROWTH OVER MEDIUM TERM
    • BOARD CONSIDERING TERMS OF PENDULA LOI, WILL ACTIVELY ENGAGE WITH PENDULA IN RELATION TO PENDULA PROPOSAL
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