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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Ampol Limited | ASX:ALD | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.20 | 0.57% | 35.48 | 35.48 | 35.49 | 35.695 | 35.25 | 35.57 | 132,567 | 03:56:39 |
From May 2019 to May 2024
TIDMAGLD
RNS Number : 2451F
Allied Gold Limited
20 April 2011
THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY JURISDICTION IN WHICH SUCH PUBLICATION RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL
20 April 2011
UK MAIN MARKET LISTING AND
SCHEME OF ARRANGEMENT
Allied Gold Limited (Allied) is progressing plans to migrate its current listing on the London AIM market to a Premium Listing on the London Stock Exchange's (LSE) Main Market in 2011.
In addition to the benefits of higher investor profile and market liquidity, a premium listing would also allow Allied to potentially be included in FTSE indices.
As part of the listing process, Allied shareholders and optionholders will be required to approve two interdependent schemes of arrangement to change the company's place of incorporation to the UK.
Under the proposal, all existing shares and options in Allied will be exchanged for shares or options in Allied Gold Mining PLC a company that has been incorporated in England and Wales to become the new holding company for the Allied Group.
Allied intends to lodge with the Australian Securities and Investments Commission (ASIC) a draft scheme booklet and option explanatory statement on 28 April 2011.
The draft scheme booklet and option explanatory statement will also be filed with the Court to convene two separate scheme meetings, one for the shareholders and one for optionholders.
Once the Court has convened the scheme meetings, shareholders and optionholders will be sent copies of the relevant scheme booklets, notice of share scheme meetings and instructions on how to vote.
The potential advantages and disadvantages of the proposal will be discussed in the explanatory statement. The proposal may also have taxation implications for Allied shareholders.
For further information please contact:
Allied Gold
Australia - Simon Jemison - Investor and Media +61-418-853-922
Canada - Rebecca Greco - Investor Relations +1 416-839-8610
London - David Simonson - C/. MerlinPR + 44(0) 20 7736 8400
Beaumont Cornish Limited (NOMAD)
Roland Cornish - +44 (0) 207 628 339
This information is provided by RNS
The company news service from the London Stock Exchange
END
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