LON 0.00% 13.0¢ longtable group limited

News: LON Longtable Group To Buy St David Dairy And Raises $15 Mln

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    June 21 (Reuters) - Longtable Group Ltd (LON) :

    • LONGTABLE GROUP TO ACQUIRE ST DAVID DAIRY AND RAISES $15 MILLION
    • TO BUY 100% OF ST DAVID DAIRY PTY LTD FOR $15.25 MILLION; DEAL TO BE IMMEDIATELY EPS ACCRETIVE
    • PURSUANT TO DEAL, RECEIVES COMMITMENTS TO RAISE $15 MILLION THROUGH ISSUE OF UP TO 21.4 MILLION FULLY PAID ORDINARY SHARES AT $0.70 PER SHARE
 
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