Morgans Financial Limited (ASX:VN8) Extends MaxoTel Takeover Offer
Takeover Offer Extension
Morgans Financial Limited has confirmed the extension of the offer period under the unconditional on-market takeover bid by Maxo Telecommunications Pty. Ltd. (MaxoTel) for Vonex Limited. The offer, which was previously detailed in the replacement bidder’s statement lodged on 23 October 2024, will now remain open until the close of ordinary trading on ASX on 28 January 2025.
This decision to extend the offer period is in compliance with the Corporations Act 2001 (Cth) and the ASIC Market Integrity Rules. Morgans Financial serves as the broker for MaxoTel in this process.
Executive Comments
Brian Sheahan, Executive Chairman, and John Clifford, Managing Director of Morgans Financial, signed the announcement, confirming its authenticity and alignment with regulatory requirements.
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