I note that application for this merger is to be lodged in Court during May, and approval is expected in July. Perhaps some informed holder can answer the following questions:
1 Is there a deadline on the conversion offer from VMY to DYL shares?
2 Does this share conversion offer apply from the date of Court application or approval?
3 Are holders free to trade VMY shares until Court approval of the merger without affecting the share conversion offer?
Any insight would be appreciated.
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- Ann: DYL: Deep Yellow and Vimy Agree to a Proposed $658M Merger
Ann: DYL: Deep Yellow and Vimy Agree to a Proposed $658M Merger, page-50
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