February 7, 2018 / 5:35 AM / 6 months ago

BRIEF-Brimstone Says Disposed 13.5 Mln Shares In Life Healthcare For 362 Mln Rand

Feb 7 (Reuters) - Brimstone Investment Corporation Ltd :

* ANNOUNCEMENT REGARDING THE DISPOSAL OF 13.5 MLN LIFE HEALTHCARE GROUP HOLDINGS LIMITED SHARES

* DISPOSAL ‍FOR AN AGGREGATE TOTAL CONSIDERATION OF R362 MILLION

* BRIMSTONE INVESTMENT CORPORATION - ‍FOLLOWING DISPOSAL BRIMSTONE HOLDS 51.3 MLN SHARES IN LIFE HEALTHCARE, REPRESENTING SHAREHOLDING OF 3.54 PCT​

* ‍TOTAL CONSIDERATION RECEIVED BY BRIMSTONE FOR DISPOSAL WILL BE USED TO REPAY CERTAIN OUTSTANDING DEBT FUNDING OBLIGATIONS​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below