YOW 0.00% 2.5¢ yowie group ltd

March 13 (Reuters) - Yowie Group Ltd (YOW) : NOTES ANNOUNCEMENT...

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    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
 
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