Settlement date extension for PaySauce Limited acquistion
23610041
19 November 2018
Energy Mad Limited (MAD) – Settlement date extension for PaySauce Limited acquisition
Energy Mad Limited (the Company) announced on 10 August 2018 that it had entered into a binding
transaction management agreement (TMA) with the shareholders of PaySauce Limited (PaySauce) and
others to proceed with the acquisition of all of the shares in PaySauce. The announcement advised that
the parties aimed to complete the transaction during October 2018.
The TMA contemplated the right of any party to terminate that agreement if any of the conditions
were not fulfilled or waived by 31 October 2018. On 19 November 2018 the parties agreed to extend
that date to 31 December 2018.
Ends
For more information, contact Brent Wheeler, Chairman, 021 834 279.
Brent Wheeler
Chair
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.