BRIEF-Pacific Smiles Says Shareholders With 12% Voting Power Support Genesis Bidco's Strategy

Reuters
22 Nov 2024
BRIEF-Pacific Smiles Says Shareholders With 12% Voting Power Support Genesis Bidco's Strategy

Nov 22 (Reuters) - Pacific Smiles Group Ltd PSQ.AX:

  • UPDATE ON THE BOARDS RECOMMENDATION TO GENESIS BIDCOS OFFER

  • SHAREHOLDERS WITH 12% VOTING POWER SUPPORT GENESIS BIDCO'S STRATEGY

  • NOW UNANIMOUSLY RECOMMEND THAT PACIFIC SMILES SHAREHOLDERS ACCEPT CASH OFFER

  • BOARD: GENESIS BIDCO LIKELY TO OBTAIN EFFECTIVE CONTROL

  • OFFER PRICE IS BEST AND FINAL, NO INCREASE EXPECTED

Further company coverage: PSQ.AX

((Reuters.Briefs@thomsonreuters.com;))

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