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MACQUARIE TECHNOLOGY GROUP LIMITED — M&A Activity 2018
Jan 18, 2018
65295_rns_2018-01-18_1e59b0d6-c63b-4cfa-a227-f215b546552e.pdf
M&A Activity
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ASX Announcement 19 January 2018
Takeover Offer for Bulletproof (Offer) Takeovers Panel and extension of offer period
Macquarie Telecom Group Limited (ASX: MAQ) ( Company ) today announced that its wholly owned subsidiary, Macquarie Cloud Services Pty Limited ( Bidder ), has lodged an application with the Takeovers Panel in relation to Bulletproof Group Limited’s (ASX: BPF) target’s statement of 22 December 2017 and accompanying expert’s report (collectively, Target’s Statement ).
The Bidder is seeking a declaration of unacceptable circumstances and related orders as it considers that the Target’s Statement is misleading and/or deceptive in a number of material respects and as a whole is an unbalanced and one-sided document that fails to provide Bulletproof shareholders with the information they require to assess the merits of the Offer.
The Company also announced that the Bidder has decided to extend the offer period for the Offer until 30 March 2018 and is in the process of preparing the formal materials required to effect that extension.
For further information please contact:
Shareholder and investors:
Jon North Managing Director J.B. North & Co Pty Ltd Tel: +61 410 630 526
For media queries:
David Forman Senior Manager Industry & Policy Tel: +61 438 121114
About Macquarie Telecom Group
We’re Australia’s data centre, cloud, cyber security and telecom company for mid to large business and government customers. The way we do this is completely different from our competitors… we provide the best customer service in Australia.
Level 15 2 Market Street Sydney NSW 2000
macquarietelecomgroup.com