RGT 0.00% 32.5¢ argent biopharma limited

Ann: Unmarketable Parcel Share Sale Facility, page-8

  1. 1,310 Posts.
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    I emailed them this morning as well about my parcel which when they acquired it was marketable parcel but they took them anyway. Below is their email reply.

    "Currently the shares under the UMP facility are being sold daily by the broker with the funds held on trust by Computershare. Once the full parcel of unmarketable parcel shares are sold, the price is then averaged out and a cheque/eft payment is made to all of the UMP shareholders.

    This process is ongoing and I am unable to provide a specific payment date as the daily sales depend on the liquidity of the market, we hope to have this closed out with payments issued as soon as practicable to all included in the UMP facility."

 
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