HIGHLIGHTS
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Improved all-cash unconditional takeover offer of $0.025 (two and a half cents) cash per Flinders Share
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Improved offer price is best and final and will not be increased in the absence of an alternative proposal or competing proposal from a third party
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The Flinders Board recommends Shareholders ACCEPT the offer in the absence of a Superior Proposal
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Improved offer is 92% higher than TIO’s initial takeover offer price
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Represents a significant premium to the closing price and the VWAPs of Flinders before TIO announced its initial takeover offer
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Provides certainty and prompt payment for Flinders Shareholders
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Improved offer will close at 7.00pm (Sydney time) on 6 June 2016 (unless extended or withdrawn)
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