BRIEF-Extract receives proposal from Wild Rose to sell one or more of portfolio investments

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BRIEF-Extract receives proposal from Wild Rose to sell one or more of portfolio investments
Credit: © Reuters.

Oct 10 (Reuters) - EXTRACT GROUP LTD EXGJ.J :

* SAYS ON 8 OCT 2017 CO RECEIVED AN UNSOLICITED PROPOSAL FROM WILD ROSE CAPITAL PROPRIETARY OF WHICH WILD ROSE PROPOSES SELLING ONE OR MORE OF PORTFOLIO INVESTMENTS TO CO

* BOARD OF DIRECTORS OF COMPANY IS ENGAGING WITH WILD ROSE ON PROPOSAL

* WILD ROSE WILL BECOME SHAREHOLDER OF EXTRACT FOLLOWING UNBUNDLING BY ENX GROUP OF ITS EXTRACT SHARES TO ENX SHAREHOLDERS

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