Becoming a substantial holder - Tyro Payments Limited (“Tyro”)Block Trade Agreement • October 19th, 2020
Contract Type FiledOctober 19th, 2020On 19 October 2020 Morgan Stanley Australia Securities Limited (“Morgan Stanley”) entered into an agreement (the “Block Trade Agreement”) with TDM Growth Partners Pty Ltd as professional fiduciary for the persons notified to Morgan Stanley on or before the date of the Block Trade Agreement (together, the “Seller”). Pursuant to the Block Trade Agreement, Morgan Stanley agreed to sell by way of an underwritten block trade (“Block Trade”) 35,000,000 existing fully paid ordinary shares (the “Securities”) in Tyro held by the Seller. The Securities represent approximately 7% of the issued ordinary share capital of Tyro.