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Trans Hex - finalisation announcement
Shareholders are referred to the announcements released on SENS on 30 September 2019 and 29 October 2019. Using the terms defined in a circular to shareholders dated 30 September 2019, containing details of the Scheme and Delisting of the Company, Shareholders are advised that the Conditions Precedent to the Scheme have been fulfilled and the Scheme has become unconditional with effect from 13 November 2019.
The salient dates and times relating to the operative date of the Scheme and the anticipated Delisting are set out below.
Action 2019
- Expected Scheme last day to trade (LDT) to be recorded in the register on the Scheme record date : Tuesday, 26 November
- Suspension of listing of shares on the JSE : Wednesday, 27 November
- Scheme record date to receive the settlement in terms of the Scheme : Friday, 29 November
- Expected Scheme operative date : Monday, 2 December
- Expected date of settlement of the Scheme Consideration to be paid electronically or posted by cheque to certificated Scheme Participants : Monday, 2 December
- Dematerialised Scheme Participants expected to have their accounts held at their Broker or CSDP debited with the Scheme Consideration : Monday, 2 December
- Expected date of the termination of listing of the Shares on the Main Board of the JSE at the commencement of trade on Tuesday, 3 December
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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