News
For the latest happenings in Snowball and related entities
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General Meeting shareholders to consider the acquisition of Officium Capital Limited as announced on 18 December 2009, and a new Employee Incentive Plan and related resolutions.
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Snowball has entered into a binding agreement to acquire 100% of the issued share capital of Officium Capital for a total maximum consideration of $6.5 million, to be paid in cash.
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In our 2009 Annual Report we have noted our view that Snowball’s result was a solid one in the circumstances of the very challenging year, in terms of both markets and trading conditions.
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Snowball exceeds guidance through diversification & cost containment
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