SGH
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0.00% 54.5¢ slater & gordon limited

27 January 2017 Market Update: Release of Securities subject to...

  1. yensog
    515 Posts.
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    27/01/17
    08:34
    Post #: 22160924
    ​
    27 January 2017
    Market Update: Release of Securities subject to Voluntary Escrow
    Slater & Gordon Limited (ASX:SGH), announce pursuant to ASX Listing Rule 3.10A that the following SGH securities will be released from escrow on 14 February 2017: 448,767 ordinary shares.
    The escrowed shares, held by UK vendor shareholders in Pannone, Pickerings and Adroit, and Australian vendor shareholders in Schultz Toomey O’Brien, are released from disposal restrictions in accordance with agreements relating to the acquisition of those law practices.

    I have no idea what this means to the share price. Any ideas?
    SGH Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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