March 13 (Reuters) - Yowie Group Ltd (YOW) :
- NOTES ANNOUNCEMENT BY KEYBRIDGE CAPITAL FOR INTENDED OFF- MARKET TAKEOVER OFFER OF ALL FULLY PAID ORDINARY SHARES IN YOWIE
- SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION IN RESPECT OF OFFER UNTIL BOARD MAKES A FORMAL RECOMMENDATION
- ADVISED BID PRICE OF 9.2 CENTS FUNDAMENTALLY UNDERVALUES YOWIE'S BUSINESS, BRAND, INTELLECTUAL PROPERTY AND SIGNIFICANT CASH BALANCE
- SHOULD A BID BE MADE ON TERMS OUTLINED BY KEYBRIDGE, BOARD WOULD RECOMMEND SHAREHOLDERS TO REJECT BID