Take no action in respect of Independence Group’s Off-Market Takeover Bid
The Company refers to the announcement from Independence Group NL (ASX: IGO) on the 4th November 2019 regarding its unsolicited, highly conditional scrip takeover offer for Panoramic.
The Board of Panoramic advises shareholders to take no action in respect of Independence Group’s offer or any document received from Independence Group.
The Board is committed to continuing to act in the best interests of all Panoramic shareholders and will explore all options as it prepares its response to the Offer and its recommendation to shareholders.
Information on the Offer can be found below and a shareholder information line has been established which shareholders are directed to contact with any inquiries.
The Panoramic shareholder information line is open from 9:00am to 5:00pm AEDT and can be contacted on the following telephone numbers:
• 1300 362 398; or
• +61 2 8355 1004