External broker reports(aggregated public sources), Moelis Australia Ltd

MA Moelis Australia

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External broker reports(aggregated public sources)

Moelis Australia Ltd

Equity Bottom-Up

<div><ul><li>MMA Offshore Limited (MRM) has entered into a binding Scheme Implementation Deed (SID) with Cyan MMA Holdings Pty Limited for the proposed acquisition of 100% of the shares in MRM.</li><li>Should the Scheme be implemented, each MRM shareholder will receive $2.60/share.</li><li>The offer values MRM equity at approximately $1.03bn (fully diluted basis) and represents an 11% premium to previous close ($2.35); 20% premium to 30-day VWAP ($2.16); a 91% premium to last reported NTA; and 7.7x MAe FY24 EBITDA.</li></ul></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MMA Offshore Limited (MRM) has entered into a binding Scheme Implementation Deed (SID) with Cyan MMA Holdings Pty Limited for the proposed acquisition of 100% of the shares in MRM.Should the Scheme be implemented, each MRM shareholder will receive $2.60/share.The offer values MRM equity at approximately $1.03bn (fully diluted basis) and represents an 11% premium to previous close ($2.35); 20% premium to 30-day VWAP ($2.16); a 91% premium to last reported NTA; and 7.7x MAe FY24 EBITDA.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

MMA Offshore Ltd - $2.60/Share Cash Offer from Cyan Renewables

Mma Offshore

MMA Offshore Ltd - $2.60/Share Cash Offer from Cyan Renewables