BRIEF-Reject Shop Enters Binding Scheme Implementation Agreement With Dollarama

Reuters
27 Mar
BRIEF-Reject Shop Enters Binding Scheme Implementation Agreement With Dollarama

March 27 (Reuters) - Reject Shop Ltd TRS.AX:

  • ENTERS INTO BINDING SCHEME IMPLEMENTATION AGREEMENT WITH DOLLARAMA

  • ACQUISITION PRICE OF A$6.68 CASH PER SHARE

  • IF SCHEME EFFECTIVE, CO'S BOARD INTENDS TO DETERMINE FULLY FRANKED SPECIAL DIVIDEND OF UP TO A$0.77 PER SHARE

  • SCHEME CONSIDERATION OF A$6.68 CASH PER SHARE VALUES REJECT SHOP'S EQUITY AT A$259 MILLION

Source text: ID:nASXhg872

Further company coverage: TRS.AX

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

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