FilingReader Intelligence
Vital board urges acceptance of Tait's final offer
August 8, 2025 at 10:00 AM UTC•By FilingReader AI
Vital's board unanimously recommends accepting Tait's final cash offer of $0.45 per share, representing a 63.6% premium. Over 50% of shares have already accepted.
The board warns the offer could lapse if the critical 90% acceptance condition isn't met by September 12, 2025, potentially causing the share price to fall.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
NZX:VTL•New Zealand Exchange
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