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Ramelius Resources Makes Recommended Takeover Offer for Apollo Consolidated

18 Oct 2021  |  09:55:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Ramelius and Apollo Consolidated Bid Implementation Deed

Ramelius Resources offered to each Target Shareholder 0.1375 Bidder Share and $0.34 cash for every 1 Target Share. The offer by Bidder under the Bid may be subject only to conditions that are no less favourable to Target Shareholders than those described in Schedule 2 of this document. Apollo Consolidated (Target) has 291.62m FPO shares on issue.

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