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- Release Date: 22/02/12 19:18
- Summary: HALT: ARG: Memo: Argosy Property Trust (ARG) Corporatisation
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ARG
22/02/2012 17:18
HALT
REL: 1718 HRS Argosy Property Trust
HALT: ARG: Memo: Argosy Property Trust (ARG) Corporatisation
MEMORANDUM
To : NZX Market Participants
From : NZX Markets
Date : 22 February 2012
Subject : Argosy Property Trust (ARG) Corporatisation
Message :
On 2 February 2012, Argosy Property Trust ("ARG") announced its
Corporatisation proposal under which ARG ordinary units will be exchanged for
ordinary shares in Argosy Property Limited, (other than those held by ARG
unitholders with addresses outside Australia and New Zealand). NZX Market
Supervision ("NZXMS") advises that the Corporatisation was approved by ARG
unitholders at a meeting held on 21 February 2012 and therefore:
Argosy Property Trust, ("ARG") ordinary units will be placed into trading
halt from close of trading on 23 February 2012;
The Corporatisation of Argosy Property Trust will take effect after market
close on 29 February 2012;
ARG ordinary units will cease to be quoted and Argosy Property Trust will be
de-listed from market open on 1 March 2012;
Argosy Property Limited will become a listed company, and its shares will be
quoted and commence trading on the NZSX from market open on 1 March 2012;
The Ticker code for Argosy Property Limited will remain "ARG" and the ISIN
for the securities listed on NZSX will change to NZARGE0010S7.
For further details of this Corporatisation, please refer to the Argosy
Notice of Meeting and Prospectus Dated 2 February 2012.
ENDS.
End CA:00219876 For:ARG Type:HALT Time:2012-02-22 17:18:13
