"In conjunction with IPO, Armour will distribute 1/3 of shares in McArthur Oil & Gas to Armour shareholders.
Distribution of McArthur Oil & Gas shares to be through tax-effective, in-specie distribution via return of capital."
it says it will be 1 in 3 in investor presentation on 18/3/21
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"In conjunction with IPO, Armour will distribute 1/3 of shares...
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