Aug 22 (Reuters) - Seven Group Holdings Ltd SVW.AX :
* INVITES TELYS4 HOLDERS TO VOTE ON PROPOSAL FOR CONVERSION OF THEIR TELYS4 INTO ORDINARY SHARES OF SGH
* CONVERSION PROPOSAL GIVES TELYS4 HOLDERS OPPORTUNITY TO RECEIVE 4.60645 ORDINARY SHARES FOR EACH TELYS4
* IF TELYS4 HOLDERS SUPPORT CONVERSION, IT WILL BE EPS ACCRETIVE FOR ORDINARY SHAREHOLDERS & INCREASE FREE FLOAT BY UP TO 5 PERCENT
* IF VOTE IS PASSED, IT WILL GIVE TELYS4 HOLDERS OPTION OF SELLING UP TO 50 % OF TELYS4 FOR CASH, AT A PRICE OF AT LEAST $88.00 PER TELYS4