October 13, 2016 / 8:21 AM / 9 months ago

BRIEF-Stellar Capital Partners updates on Torre offer

1 Min Read

Oct 13 (Reuters) - Stellar Capital Partners Ltd :

* Stellar Capital mandatory offer to Torre shareholders: cash payment applicable to fractional entitlements

* Advised that basis applicable in determining cash payment for fractional entitlement is 118 cents

* Assumes that Torre shareholder holds 125 Torre shares at business close Oct 14 and chosen to accept offer for all his shareholding Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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