IOF 0.00% $5.58 investa office fund

News: IOF Investa Office Fund says special distribution to be paid if DEXUS proposal becomes...

  1. 68,069 Posts.
    lightbulb Created with Sketch. 460

    March 30 (Reuters) - Investa Office Fund (IOF) :

    • Special distribution if Dexus proposal becomes effective (IOF)
    • Iof unitholders to receive an additional 7 cents cash distribution per iof unit by way of a special distribution by iof
    • Offer price under the Dexus proposal combined with the special distribution to be paid by iof implies a 6.6% premium to iof's 31 December 2015 nta
    • Standard consideration provided under the Dexus proposal is 0.424 Dexus securities and $0.8229 in cash per iof unit
    • Says IBC continues to unanimously recommend that iof unitholders vote in favour of the Dexus proposal in the absence of a superior proposal
                        
 
watchlist Created with Sketch. Add IOF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.