BRIEF-Selfwealth Gets Non-Binding Indicative Proposal From Svava

Reuters
03 Feb
BRIEF-Selfwealth Gets Non-Binding Indicative Proposal From Svava

Feb 3 (Reuters) - Selfwealth Ltd SWF.AX:

  • NON-BINDING INDICATIVE PROPOSAL FROM SVAVA AT A$0.28 PER SHARE

  • SVAVA ACQUIRES 18.8% OF SELFWEALTH SHARES

  • SVAVA PROPOSAL VALUES SELFWEALTH AT APPROXIMATELY A$65 MILLION

  • CONTINUES TO UNANIMOUSLY RECOMMEND THAT SHAREHOLDERS VOTE IN FAVOUR OF BELL OFFER

Further company coverage: SWF.AX

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

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