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BRIEF-AWE Ltd responds to further Dawney notice

Published 06/07/2017, 11:52 am
Updated 06/07/2017, 12:00 pm
BRIEF-AWE Ltd responds to further Dawney notice
AWE
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July 6 (Reuters) - AWE Ltd AWE.AX

* AWE response to further Dawney notice-awe.ax

* "ASIC has advised AWE it continues to have concerns in relation to further proposal"

* AWE believes that shareholders should ignore further proposal set out in 'offer document' from dawney

* "Dawney has now withdrawn previous proposal"

* Refers to its announcement on receipt of a further proposal from Dawney & Co

* AWE notes that the further proposal from Dawney is not an 'offer' to acquire shares in AWE

* Dawney proposes that AWE shareholders grant Dawney call option, pursuant to which holder of option can acquire their shares for a$0.56 per share Source text for Eikon: Further company coverage: AWE.AX

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