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

SEEK Limited ASX SEKSEEK Limited (ASX:SEK) (OTCMKTS:SKLTY) is a diverse group of companies, comprised of a strong portfolio of online employment, educational, commercial and volunteer businesses. SEEK operates across 18 countries with exposure to over 4 billion people and 28 per cent of GDP. SEEK makes a positive contribution to people’s lives on a global scale. SEEK is listed on the Australian Securities Exchange, where it is a top 50 company with a market capitalisation close to A$6billion and has been listed in the Top 20 Most Innovative Companies Globally by Forbes, and Number One in Australia.

      


Contact

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



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