|
|
Caidz - finalisation announcement
Shareholders are referred to the joint announcement published on SENS on 19 June 2015, the subsequent announcements on 9 July 2015 and 6 August 2015 and the combined circular to Cadiz shareholders dated 31 August 2015 (the “Circular”) regarding the firm intention by Stellar Capital Partners Ltd. ("Stellar"), acting through Bidco, to make an offer to acquire 100% of the total issued ordinary shares in Cadiz (excluding 12 073 989 treasury shares held by a subsidiary of Cadiz), by way of the Scheme. Capitalised terms in this announcement bear the same meaning as in the Circular.
Stellar Capital and Cadiz announced that all the Scheme Conditions, as detailed in the Circular, have been fulfilled and accordingly the Scheme is unconditional.
Shareholders are advised of the following important dates:
- Application for the termination of the listing of all the Cadiz Shares from the Main Board of the JSE expected to be lodged: Thursday, 15 October
- Last day to trade in Cadiz Shares in order to be recorded on the Register on the Scheme Record Date (Scheme Last Day to Trade): Friday, 23 October
- Date of the suspension of listing of Cadiz Shares on the JSE: Monday, 26 October
- Scheme Record Date on which Cadiz Shareholders must be recorded in the Register to receive the Scheme Consideration: Friday, 30 October
- Scheme Operative Date : Monday, 2 November
- Date of settlement of Scheme Consideration to Scheme Participants who hold Certificated Cadiz Shares (if the Form of Election, Surrender and Transfer and Documents of Title are received on or prior to 12h00 on the Scheme Record Date): Monday, 2 November
- Date of updating the accounts of Scheme Participants who hold Dematerialised Cadiz Shares at their CSDP or broker: Monday, 2 November
- Termination of listing of Cadiz Shares at commencement of trade on the JSE: Tuesday, 3 November
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
