The offer price is either a cash consideration of 33 cents per share or a cash and securities consideration of 22.4 cents and 32.1148 cents in Holdco shares. The Holdco is owned by the TPG fund.
The scheme presents at a premium of approximately 20% over the last traded price on Jan 14 being the last full market day on which the shares were traded. This is a premium of approximately 33.6%, 42.9%, 48.6%, 52.1%, 54.9% and 48% over the volume weighted average price (VWAP) for the one-month, three-month, six-month, 12-month, two-year and three-year periods, respectively, up to and including Jan 14.
Shares in Econ Healthcare closed 0.5 cents lower or 1.471% down at 33.5 cents on Apr 4.
