Jan 28 (Reuters) - Dropsuite Ltd DSE.AX:

• DROPSUITE SIGNS SCHEME IMPLEMENTATION DEED WITH NINJAONE

• NINJAONE HAS AGREED TO ACQUIRE 100% OF ORDINARY SHARES IN DROPSUITE, IN AN ALL-CASH OFFER OF A$5.90 PER SHARE

• DROPSUITE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT DROPSUITE SHAREHOLDERS VOTE IN FAVOUR OF SCHEME

• CONSIDERATION VALUES DROPSUITE EQUITY AT APPROXIMATELY A$420M

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