On 2 February 2015, PHW Consolidated Limited (“PHW”) announced it had executed an agreement (“Acquisition”) to acquire, in an all scrip transaction, the entire issued share capital of Tomizone Limited (“Tomizone”), a leading WiFi software company which connects high density venues to its consumers.
The Boards of PHW Consolidated Limited (ASX:PHW) and Tomizone Limited (“Tomizone”) are delighted to announce that the appointment of Mr. Shadi Mahassel as a foundation member of the Tomizone Global Advisory Committee. He brings a wealth of technology and product development experience at a global scale.
PHW Consolidated Limited (“PHW”) is pleased to announce that it has engaged Patersons Securities Limited (“Patersons”) and Bell Potter Securities Limited (“Bell Potter”) as Joint Lead Managers to its post-consolidation raising of at least $5 million. The appointment of these two national stockbroking firms is considered a positive development for the transaction.
This presentation contains summary information about Tomizone Limited (Tomizone), an entity that PHW Consolidated Limited (PHW) proposes to acquire on 2 February 2015. The information in this is of general background and does not purport to be complete.