YFZ youfoodz holdings limited
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July 13 (Reuters) - Youfoodz Holdings Ltd (YFZ) : ENTERED INTO...

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    13/07/21
    11:20
    Post #: 54463046

    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
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