Implementation of Demerger
Filed with ASX · · 1 page · English
Summary by 6ix AI
Peel Mining Limited has announced the successful implementation of the demerger of Spectre Metals Limited from Peel by way of a capital reduction and pro rata in-specie distribution of shares to shareholders. Holding statements for Spectre shares will be sent to eligible shareholders, while ineligible foreign shareholders will have their shares sold by a sale agent after Spectre's listing on the ASX.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Peel Mining
- Suspension from Quotation
- Scheme of Arrangement becomes legally effective
- Peel Mining Scheme of Arrangement Approved by Court
- PEX: Court approves Scheme of Arrangement
- PEX: Peel Shareholders vote in favour of Scheme and Demerger
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