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BRIEF-Link Says Trade Sale Process Of Stake In PEXA Underway

Published 01/02/2021, 08:46 am
Updated 01/02/2021, 08:48 am
© Reuters.
LNK
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Feb 1 (Reuters) - Link Administration Holdings Ltd LNK.AX :

* LINK ADMINISTRATION HOLDINGS UPDATE ON PES AND PEXA

* TRADE SALE PROCESS OF LINK GROUP'S INTEREST IN PEXA IS UNDERWAY WITH GOOD INDICATIVE INTEREST RECEIVED TO DATE.

* EXTERNAL DEBT REFINANCING OF PEXA AS PREVIOUSLY ANNOUNCED WILL NO LONGER PROCEED

* TO PRIORITISE TRADE SALE PROCESS, SALE OF ITS SHARES AND SHAREHOLDER LOANS IN PEXA, OVER SEPARATION BY WAY OF DEMERGER OF ITS INVESTMENT IN PEXA

* ANNOUNCES TERMINATION OF PEPPER EUROPEAN SERVICING TRANSACTION Source: https:// Further company coverage: LNK.AX

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