Daily BriefsIndustrials

Daily Brief Industrials: PTB Group Ltd and more

In today’s briefing:

  • PTB Group (PTB AU): 16 Nov Scheme Meeting. IE Says Fair

PTB Group (PTB AU): 16 Nov Scheme Meeting. IE Says Fair

By David Blennerhassett

  • Back on the 18 August, aviation engine repair play PTB Group (PTB AU) entered into a Scheme Implementation Deed with PAG Holding, at $1.595/share, a 40.5% premium to last close.
  • The Scheme Booklet has now been lodged with ASIC. The Independent Expert reckons the Offer is fair and reasonable. 
  • The Scheme Meeting will be held on the 16 November, as previously flagged in August’s SID, with an expected implementation on the 9 December. 

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