June 15 (Reuters) - Trimantium Growthops Ltd (TGO) :
- TAKEOVER OFFER FOR ASIA PACIFIC DIGITAL
- OFFERING 1 TGO SHARE FOR EVERY 8.9 APD FULLY PAID ORDINARY SHARES BASED ON TGO'S CLOSING PRICE OF $1.23 PER SHARE ON 14 JUNE
- GROWTHOPS PROVIDED APD WITH A SHORT-TERM WORKING CAPITAL FACILITY, UNDER WHICH APD CAN DRAW UP TO $2 MILLION
- OFFER IS CONDITIONAL ON GROWTHOPS ACQUIRING AT LEAST 90% OF APD ORDINARY SHARES
- OFFER IS UNANIMOUSLY RECOMMENDED BY THE APD BOARD, IN THE ABSENCE OF A SUPERIOR PROPOSAL
- CO TO ENTER PRIVATE TREATY ARRANGEMENTS WITH CO'S PLACEMENT OPTION HOLDERS TO BUY OR CANCEL OPTIONS IN EXCHANGE FOR CO'S SHARES
