April 24, 2020 / 1:30 AM / a month ago

BRIEF-Oliver's Real Food Updates On EG Group Proposed Scheme Of Arrangement

April 24 (Reuters) - Oliver’s Real Food Ltd:

* UPDATES ON EG GROUP PROPOSED SCHEME OF ARRANGEMENT

* REQUESTED EG GROUP A WAIVER OF NET DEBT CONDITION UNDER SCHEME

* EG GROUP HAS NOT RESPONDED TO REFERRED REQUESTS

* INCREASE IN NET DEBT DUE TO REDUCTION IN CASH INFLOWS CONSEQUENT UPON IMPACT OF COVID- 19 & TEMPORARY SUSPENSION OF OPERATIONS

* SCHEME WILL NOT PROCEED UNLESS WAIVER GRANTED/SCHEME DEED AMENDMENDED ON NET INDEBTNESS TERMS Source text for Eikon: Further company coverage:

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