April 8 (Reuters) - Brimstone Investment Corporation Ltd BRTJ.J :
* Sea Harvest Holdings Proprietary Ltd has entered into a bid implementation agreement with Mareterram Ltd
* If all mareterram shareholders accept offer, Sea Harvest's shareholding in Mareterram will increase from 19.9 pct to approx 59.6 pct.
* All directors of Mareterram have indicated that they intend to accept offer
* Sea Harvest will pay a cash consideration to Mareterram shareholders up to a maximum of AU$19.7 million or about 225.4 million rand
* Consideration will be settled by Sea Harvest by way of shareholder funding from Brimstone Source text for Eikon: ID:nJseH0032a Further company coverage: BRTJ.J
(Bengaluru Newsroom: +91 80 6749 1136)