SO, what is the jam regarding Renergen? I also got the moerse email document, etc. TLDR
Do we need to take any action, or will the swap occur automatically?
2.3.2 Own-Name Dematerialised Renergen Shareholders
2.3.2.1 If you are an Own-Name Dematerialised Renergen Shareholder who is, or is deemed (pursuant to paragraph 5.10.1 of this Circular) to be, a Scheme Participant, you will have your account held at your CSDP or Broker credited with the Scheme Consideration and debited with the Scheme Shares you are transferring to ASPI pursuant to the Scheme on the Scheme Implementation Date or, if you are a Dissenting Shareholder who subsequently becomes a Scheme Participant pursuant to paragraph 5.10.1 of this Circular, on the date contemplated in paragraph 5.10.1.2 of this Circular.
2.3.2.2 You must
not complete the attached Form of Surrender, Transfer and Acceptance
(blue).
IF YOU HAVE DEMATERIALISED YOUR RENERGEN SHARES
1.1 Acceptance of the Standby Offer1.1.1 You must
not complete the Form of Surrender, Transfer and Acceptance
(blue).
1.1.2 If you wish to accept the Standby Offer you should instruct your duly appointed CSDP or Broker, in accordance with the Custody Agreement concluded with your CSDP or Broker.
1.1.3 If your Broker or CSDP has not contacted you, it is advisable for you to contact your Broker or CSDP and furnish them with your acceptance of the Standby Offer.
1.1.4 If your CSDP or Broker does not obtain instructions from you, your CSDP or Broker will be obliged to act in accordance with the instructions contained in the Custody Agreement between you and your CSDP or Broker.
1.1.5 The instruction to accept the Standby Offer must be provided to your CSDP or Broker by no later than the cut-off time stipulated by your CSDP or Broker for such instruction in order for such CSDP or Broker to take the necessary action to accept the Standby Offer by 12:00 SAST on the Standby Offer Closing Date. You are accordingly advised to confirm with your CSDP or Broker as to what the cut-off time will be. This must be done in accordance with the Custody Agreement between you and your CSDP or Broker.
Last day to trade in order to be recorded in the Register on the Scheme Voting Record Date in order to be eligible to vote at the General Meeting
Results of General Meeting released on SENS and on the ASX on | Thursday, 10 July
“Consideration Ratio”
0.09196 Consideration Shares for every 1 (one) Renergen Share |
| Tuesday, 1 July |