Brief: Mitula Group Enters Agreement With Lifull To Merge Operations Of Mitula Group And Trovit

Lifull Co

09/05/2018 09:37

May 9 (Reuters) - Mitula Group Ltd  MUA.AX :
    * A$0.85 SCRIP OFFER PRICE VALUES MITULA GROUP AT ABOUT
A$187
MILLION
    * BOARD UNANIMOUSLY RECOMMENDS ACQUISITION PROPOSAL BY TOKYO
STOCK
EXCHANGE LISTED LIFULL CO. LTD, OWNER OF TROVIT
    * MITULA GROUP SHAREHOLDERS ARE BEING OFFERED SHARES IN
LIFULL AT
A VALUE OF AUD 0.85 PER SHARE
    * ENTERED INTO A BINDING SCHEME IMPLEMENTATION DEED WITH
LIFULL
CO. LTD TO MERGE OPERATIONS OF MITULA GROUP AND TROVIT
    * SHAREHOLDERS ARE ENTITLED TO RECEIVE AUD 0.80 CASH
CONSIDERATION
PER MITULA GROUP SHARE FOR THEIR FIRST 20,000 SHARES

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