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Information Memorandum Prepared for: This Plumbing Company Indicative Offer Prospective purchasers who have executed a Confidentiality Deed and substantiated their capacity to proceed with the proposed transaction will be provided with this Memorandum. Prospective purchasers are required to submit in good faith an indicative offer. Such offers will not constitute an offer binding the party but will form part of the basis on which prospective parties will be short listed. The Director(s) seeks a written indicative offer from prospective purchasers which must contain the following: a) Full name of respondent and name and details of contact for correspondence and further information; b) Background information on the prospective purchaser and their business; c) Details of the legal and beneficial ownership and control (direct or indirect) of the prospective purchaser; d) Confirmation as to whether the purchaser wishes to acquire the business and the net assets it employs or the shares in the Company and the impact this has on the indicative offer; e) An indicative non-binding offer detailing the purchase price to be offered for the Company business based on the net assets employed as at 30 June 2015 plus a fixed goodwill payment with scope to adjust the final price to reflect changes in the net asset positions between 30 June 2015 and Completion; f) An explanation of the means by which the proposed transaction is to be funded which substantiates the prospective purchaser’s capacity to proceed with a transaction of the size and nature contemplated; g) Details of the level of approval that has been obtained in submitting the indicative offer (e.g. Board, Chief Executive) and all additional internal or external (including regulatory) approvals (e.g. Board, shareholder, FIRB, trade practices) which would be required prior to entering into an unconditional binding sale agreement; h) Any other additional information that the Consultant would reasonably require and reasonably expect to receive for the purpose of considering the indicative offer and in particular, prospective purchasers should specify:- any material commercial or financial assumptions that underlie the indicative offer; any circumstances which, if varied, would cause the prospective purchaser to vary the price or conditions of the indicative offer; any facts or circumstances relating to the recipient that may impact on the successful assignment of material contracts or impact on the successful fulfilment of any other conditions; and any critical timing issues; and i) Any special or specific due diligence matters that the prospective purchaser will require information on if they proceed to the due diligence phase. Copyright. All Rights Reserved. Ray White Business Sales Sydney CBD 28
Information Memorandum Prepared for: This Plumbing Company Copyright. All Rights Reserved. Ray White Business Sales Sydney CBD 29
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