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BRIEF-360 Capital Group responds to NEXTDC announcement on co's takeover offer for APDC

Published 27/09/2017, 01:55 pm
© Reuters.  BRIEF-360 Capital Group responds to NEXTDC announcement on co's takeover offer for APDC
TGP
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Sept 27 (Reuters) - 360 Capital Group Ltd TGP.AX :

* Takeover offer response to NEXTDC announcement

* 360 capital has instructed its broker to purchase APDC securities on market up to offer price of $1.95 per APDC security

* "Announcement by NEXTDC is misleading"

* 360 capital's offer is fully funded as described in its bidder's statement dated 26 September 2017

* Notes announcement from NEXTDC alleging funding risks in relation to co's offer for Asia Pacific Data Centre Group

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