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Propertylink Group Announces Accepting ESR Offer

06 Dec 2018  |  18:23:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: PLG Board of Directors have accepted ESR Offer

Propertylink Group advised that all Directors accepted the recommended off-market takeover offer (the Offer) in respect of the Company's securities they hold or control. Collectively, the Directors of the Company hold or control 2% of the Company's securities on issue. The Company's Directors unanimously recommend that securityholders accept the $1.20 per security cash Offer, in the absence of a superior proposal. The ESR Offer is open and capable for acceptance, and unless extended or withdrawn the Offer will remain open until 31 January 2019.

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