BRIEF-Smartpay Confirms It Has Received Two Non-Binding And Indicative Proposals

Reuters
17 Mar
BRIEF-Smartpay Confirms It Has Received Two Non-Binding And Indicative Proposals

March 17 (Reuters) - SmartPay Holdings Ltd SPY.NZ:

  • RESPONSE TO PRESS ARTICLE

  • SMARTPAY CONFIRMS THAT IT HAS RECEIVED TWO SEPARATE CONDITIONAL, NON-BINDING AND INDICATIVE PROPOSALS

  • TYRO INDICATIVE PROPOSAL IS TO ACQUIRE 100% OF ISSUED ORDINARY SHARES OF SMARTPAY

  • TYRO INDICATIVE PROPOSAL ARRANGEMENT FOR A PRICE OF NZ$1.00 PER SHARE

  • INDICATIVE PROPOSAL FROM OTHER PARTY IS TO ACQUIRE 100% OF ISSUED ORDINARY SHARES OF SMARTPAY.

  • BOTH OF PROPOSALS ARE PRELIMINARY ONLY AND HIGHLY CONDITIONAL

Further company coverage: SPY.NZ

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10