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WWAYU Westway Grp. - Units 2010 (MM)

4.20
0.00 (0.00%)
06 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Westway Grp. - Units 2010 (MM) NASDAQ:WWAYU NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.20 0 00:00:00

Westway Group, Inc. Warrants Set to Expire

06/05/2011 10:30pm

GlobeNewswire Inc.


Westway Grp. - Units 2010 (MM) (NASDAQ:WWAYU)
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Westway Group, Inc. (Nasdaq:WWAY) ("Westway" or the "Company") stated that the Company's publicly traded warrants (Nasdaq:WWAYW) will expire in accordance with their terms on Tuesday, May 24, 2011 at 5 P.M. New York time. At that time the Company's publicly traded units (Nasdaq:WWAYU), comprised of one share of Class A Common stock (WWAY) and two warrants (WWAYW), will separate and the remaining share of Class A Common stock will trade under the stock symbol WWAY.

Any holder of the Company's warrants may exercise the warrant in accordance with its terms prior to 5 P.M. New York time on May 24, 2011, in order to receive one share of the Company's Class A Common stock for each warrant exercised.

However, the Company indicated that there will not be a Broker Protect Period. Therefore, trading of the warrants and units in the public market will be suspended by NASDAQ at the open of business on May 20, 2011, which is 3 days before the expiration date, to allow sufficient time for the settlement of any market trades before the securities expire.

About Westway Group, Inc. Westway is a leading provider of bulk liquid storage and related value-added services and a leading manufacturer and distributor of liquid animal feed supplements.

The Westway Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7654

CONTACT: Thomas A. Masilla, Jr.
         Chief Financial Officer
         504-636-4245
         thomas.masilla@westway.com

1 Year Westway Grp. - Units 2010 (MM) Chart

1 Year Westway Grp. - Units 2010 (MM) Chart

1 Month Westway Grp. - Units 2010 (MM) Chart

1 Month Westway Grp. - Units 2010 (MM) Chart

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