June 20, 2017 / 5:40 PM / a month ago

BRIEF-Pallinghurst to says Gemfields takeover offer now unconditional

1 Min Read

June 20 (Reuters) - Pallinghurst Resources Ltd:

* Agreed to lower acceptance condition from 75 pct to 60 pct as contemplated under offer document

* Offer for Gemfields has become unconditional as to acceptances

* In aggregate valid acceptances represent 336,808,239 Gemfields shares or about 61.25 pct of issued share capital of Gemfields Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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