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Eoh To Sell Dental Information Systems Holdings Proprietary Limited

Dec 13 (Reuters) – Eoh Holdings Ltd:

* DISPOSAL OF DENTAL INFORMATION SYSTEMS HOLDINGS PROPRIETARY LIMITED

* ENTERED INTO SALE OF SHARES AGREEMENT WITH AFROCENTRIC HEALTH WHERE EOH ABANTU TO SELL ALL OF SHARES IN DENTAL INFORMATION SYSTEMS

* PROPOSED DEAL FOR TOTAL VALUE OF R250,000,000

* EOH ABANTU IS DISPOSING ALL OF ITS SHARES IN DENIS TO BUYER FOR A PURCHASE CONSIDERATION OF R170,000,000

* PURCHASE PRICE, TOGETHER WITH PERMITTED DIVIDEND, WILL RESULT IN EOH ABANTU RECEIVING TOTAL VALUE OF R 250,000,000

* GROUP SET A TARGET OF ACHIEVING R1 BILLION IN CONSIDERATION FROM DISPOSALS FOR 2019 CALENDAR YEAR Source text for Eikon: Further company coverage:


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