July 13 (Reuters) - Youfoodz Holdings Ltd (YFZ) :
- ENTERED INTO A SCHEME IMPLEMENTATION DEED WITH HELLOFRESH SE
- HELLOFRESH WILL ACQUIRE 100% OF SHARE CAPITAL IN YOUFOODZ FOR A$0.93 PER SHARE
- PRICE OF A$0.93 PER SHARE VALUES FULLY DILUTED EQUITY OF YOUFOODZ AT ABOUT A$125.3 MILLION
- RGT CAPITAL, HOLDER OF 57.4% OF CO'S SHARES, INTENDS TO VOTE IN FAVOUR OF SCHEME IN ABSENCE OF SUPERIOR PROPOSAL
- YOUFOODZ BOARD UNANIMOUSLY RECOMMENDS THAT YOUFOODZ SHAREHOLDERS VOTE IN FAVOUR OF SCHEME IN ABSENCE OF A SUPERIOR PROPOSAL
