Nov 5 (Reuters) - Greencross Ltd (GXL) :
- GREENCROSS ENTERS INTO SCHEME IMPLEMENTATION AGREEMENT
- DEAL FOR $5.55 PER SHARE
- ENTERED INTO A SCHEME IMPLEMENTATION AGREEMENT WITH VERMONT AUS PTY LTD TO ACQUIRE 100% OF GREENCROSS SHARES
- DEAL INVOLVES PAYMENT OF A FULLY-FRANKED PERMITTED DIVIDEND OF UP TO $0.21 PER SHARE ON OR SHORTLY BEFORE IMPLEMENTATION DATE OF SCHEME
- GREENCROSS DIRECTORS UNANIMOUSLY RECOMMEND SCHEME
- SCHEME IS EXPECTED TO BE IMPLEMENTED IN 1H CY2019
