im confused do we get 1 for 1 shares
Piedmont shareholders will receive one Piedmont US CHESS depositary interest (CDI)
(Piedmont US CDI) for every Piedmont share held at 5:00pm (AWST) on 10 May 2021; and
• Piedmont American Depositary Share (ADS) holders will receive one Piedmont US share for
every Piedmont ADS held at 5:00pm (AWST) on 10 May 2021.
thought it was 100 to 1
Ann: Scheme of Arrangement Becomes Effective, page-2
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