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Company News Summary

Trade Me Group Provides Notice of Meeting and Scheme Booklet

13 Mar 2019  |  11:09:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Notice of Meeting & Scheme Booklet

Trade Me Group provided notice of meeting and scheme booklet. It has 396,973,029 ordinary shares on issue. All Shares are fully paid. It had entered into a Scheme Implementation Agreement with Titan under which Titan agreed to acquire 100% of the Shares in the Company for NZ$6.45 cash per Share by way of a scheme of arrangement. The Scheme Consideration that Titan is offering of NZ$6.45 per Share is above the Independent Adviser's valuation range of NZ$5.93 to NZ$6.39 per Share.

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