June 13 (Reuters) - Investa Office Fund IOF.AX :
* ILFML AND BLACKSTONE HAVE ENTERED BINDING SCHEME IMPLEMENTATION AGREEMENT IN RELATION TO A TRUST SCHEME
* UNDER SCHEME, IOF UNITHOLDERS WILL BE ENTITLED TO $5.25 CASH PER UNIT
* DIRECTORS OF ILFML UNANIMOUSLY RECOMMEND THAT IOF UNITHOLDERS VOTE IN FAVOUR OF SCHEME, IN ABSENCE OF A SUPERIOR PROPOSAL
* SCHEME REPRESENTS AN OFFER PRICE OF APPROXIMATELY $5.15 PER UNIT ONCE IOF'S EXPECTED 2H18 DISTRIBUTION IS TAKEN INTO ACCOUNT
* PURSUANT TO AGREEMENT BLACKSTONE WOULD ACQUIRE ALL OF UNITS IN IOF (SCHEME)