SBB 0.00% 1.2¢ sunbridge group limited

Shares coming out of Escrow, page-2

  1. 1,259 Posts.
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    Hi Monopolyman,

    That was a well thought out post IMO so well done. I agree that the best idea at present is to declare a small (but very meaningful) maiden divvy in early 2016. On that front, stay tuned for a possible call to action if there are no acquisitions or expansion plans (i.e. requiring vast amounts of cash) announced in 2015.

    In answer to your last question;

    (b) Additional Shares; Dividends. Any shares of Parent Shares or other equity securities issued or distributed by Parent (including shares issued upon a stock split) (“Additional Escrow Shares”) in respect of Escrow Shares which have not been released from Escrow shall be added to the Escrow Shares and become a part thereof. Additional Shares issued in respect of Escrow Shares which have been released from Escrow shall be distributed to the record holders thereof. Cash dividends on Escrow Shares shall be distributed to the Escrow Depositors in accordance with their interests.

    http://www.wikinvest.com/stock/TVI_(TVIN)/Escrow_Ownership_Interest_Release_Shares

    Cheers
    Elpha
    Last edited by elphamale: 05/11/15
 
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