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BRIEF-Brainchip Holdings responds to street talk article published in Australian Financial Review

Published 10/01/2017, 08:03 am
Updated 10/01/2017, 08:10 am
© Reuters.  BRIEF-Brainchip Holdings responds to street talk article published in Australian Financial Review
BRN
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Jan 10 (Reuters) - Brainchip Holdings Ltd BRN.AX

* Responds to "street talk" article published in Australian Financial Review (AFR), dated 9 January 2017

* "company can confirm that our advisors are not evaluating such a transaction"

* "At this juncture, no certainty exists regarding execution of such a scheme or exchange"

* Confirms that it is evaluating possible scheme of arrangement whereby co would provide for exchange of shares that would be publicly traded on another market

* Comments by unnamed source in afr on jan 9, about "takeprivate" transaction in Australia with new listing in U.S. Are speculative and inaccurate Source text for Eikon: ID:nASX3f1dJr Further company coverage: BRN.AX

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