30-11-2017, 12:01 PM
GLP Shareholders Approve Privatization
* GLP privatization approved on the back of overwhelming shareholder support
* Of the total number of shareholders present and voting in person or by proxy at the Scheme Meeting, 96.02% voted FOR the Scheme (needed to meet more than 50%)
* Of the total number of Shares voted by shareholders present and voting in person or by proxy at the Scheme Meeting, 99.96% voted FOR the Scheme (needed to meet at least 75%)
* Shareholders can expect to receive the Scheme Consideration by 19 Jan 2018
* GLP is expected to be delisted shortly thereafter
* GLP privatization approved on the back of overwhelming shareholder support
* Of the total number of shareholders present and voting in person or by proxy at the Scheme Meeting, 96.02% voted FOR the Scheme (needed to meet more than 50%)
* Of the total number of Shares voted by shareholders present and voting in person or by proxy at the Scheme Meeting, 99.96% voted FOR the Scheme (needed to meet at least 75%)
* Shareholders can expect to receive the Scheme Consideration by 19 Jan 2018
* GLP is expected to be delisted shortly thereafter
Specuvestor: Asset - Business - Structure.