March 12, 2020 / 7:57 AM / 20 days ago

BRIEF-Efficient Group Says Co And Apis Have Concluded Written Implementation Agreement

March 12 (Reuters) - Efficient Group Ltd:

* JSE: EFG - FIRM INTENTION ANNOUNCEMENT AND WITHDRAWAL OF CAUTIONARY

* EFFICIENT - CO AND APIS HAVE CONCLUDED A WRITTEN IMPLEMENTATION AGREEMENT

* EFFICIENT - APIS HAS MADE FIRM OFFER TO ACQUIRE ALL OF ISSUED ORDINARY SHARES IN CO EXCLUDING 110.3 MILLION SHARES

* EFFICIENT GROUP LTD - AMOUNT PAYABLE IN TERMS OF SCHEME WILL BE A CASH CONSIDERATION OF R5.51 PER SCHEME SHARE

* EFFICIENT - SHARES WILL BE DELISTED FROM MAIN BOARD OF JSE LIMITED PURSUANT TO IMPLEMENTATION OF SCHEME Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below