Oct 12 (Reuters) - Treyo Leisure and Entertainment Ltd TYO.AX :
* Proposed selective reduction of capital and delisting TYO.AX
* Says proposes to privatise Treyo through a selective reduction of capital
* Proposed consideration for the cancellation of shares in Treyo is A$0.13 cash per share
* Says Treyo expects that A$0.11 will be treated for tax purposes as a return of capital and $0.02 as a dividend
* Source text for Eikon ID:nASX2p5Wz0