SPA for sale of CIB interest now unconditional
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| Stock | PPK Group Ltd (PPK.ASX) |
|---|---|
| Release Time | 29 Jun 2026, 8:29 a.m. |
| Price Sensitive | Yes |
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PPK Group's CIB Interest Sale Now Unconditional
Key Points
- Sale of 39.85% interest in Craig International Ballistics Pty Ltd now unconditional
- Transaction expected to complete before end of financial year
- Detailed announcement to follow upon completion
Full Summary
PPK Group Limited (ASX:PPK) has announced that the conditions precedent under the share sale and purchase agreement for the sale of its 39.85% interest in Craig International Ballistics Pty Ltd have now been satisfied. As a result, the agreement for the sale is now unconditional. PPK expects the transaction to be completed prior to the end of the current financial year. A more detailed announcement will be made at the time of completion.
Guidance
PPK expects the sale of its 39.85% interest in CIB to complete before the end of the financial year.
Outlook
PPK Group Limited anticipates the completion of the sale of its 39.85% interest in Craig International Ballistics Pty Ltd before the end of the current financial year.
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