SEEK Receives Proceeds From Completion of Zhaopin Transactio
SEEK Receives Proceeds From Completion of Zhaopin Transactio
Melbourne, Oct 6, 2017 AEST (ABN Newswire) - SEEK Limited (ASX:SEK) (OTCMKTS:SKLTY) advises that it has received proceeds of cUS$176 million in relation to the Zhaopin transaction. The total proceeds are split between:

- cUS$64 million relating to proceeds from the special dividend as part of transaction consideration; and

- cUS$112 million relating to a capital return.

To view the table for the changes to SEEK's balance sheet, please visit:
http://abnnewswire.net/lnk/2T9S48A9


About SEEK Limited

The purpose of SEEK Limited (ASX:SEK) (OTCMKTS:SKLTY) is to help people live more fulfilling and productive working lives and help organisations succeed. SEEK makes a positive contribution to people's lives on a global scale.

SEEK is the global leader in the creation and operation of online employment markets. Globally SEEK has relationships with over 700,000 hirers and 150 million candidates.

SEEK makes a positive contribution to people's lives through connecting more people to relevant job opportunities using its marketplace scale and technology to build radically more efficient and effective employment marketplaces.

SEEK is listed on the Australian Securities Exchange, and has been listed in the Top 20 Most Innovative Companies Globally by Forbes, and Number One in Australia.

SEEK has been recognised by AON Hewitt as an Employer of Choice ten years straight and is passionate about it's company's culture. SEEK is a leader in workplace diversity and inclusion.

For 20 years SEEK has been an integral part of Australians' job-search process, and as the country's leading employment marketplace is uniquely positioned to empower Australians with career, education and volunteer opportunities to create productive and fulfilling working lives.

      


Contact

Investors/Analysts
Geoff Roberts / Jeff Tang
SEEK Limited
T: +61-3-8517-4484



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