Folkestone Education Trust Implementation of Scheme of Arrangement

Talk to us

Thanks for your interest in Charter Hall. Fill in your details below and we’ll get back to you as soon as possible.

First Name*

Last Name*

Company Name

Email*

Phone* Please prefix the number with +<country code><area code>

I am interested in

Office Industrial Retail Diversified Social Infrastructure

Enquiry

*Indicates that this field is required.

All personal information submitted will be treated in accordance with our privacy policy.

By registering and/or submitting personal data to Charter Hall, you agree that, where it is permitted by law and in accordance with our Privacy Statement or where you have agreed to receive communications from us, Charter Hall may use this information to notify you of our products and services and seek your feedback on our products and services. Please note you can manually opt out of any communications.

To access this part of the website, please select your country of residence from the following list.

The country of my primary residence is:

Due to legal restrictions, access to this website is only available to residents of Australia and New Zealand from within Australia or New Zealand. In order to access this website, you must provide the State, Territory or Province and postcode for your primary residential address within Australia or New Zealand.

The State or Territory of my primary residence in Australia or the Province of my primary residence in New Zealand is:

The postcode for my primary residence in Australia is:

Proceed

The State or Territory of my primary residence in Australia or the Province of my primary residence in New Zealand is:

The postcode for my primary residence in New Zealand is:

Proceed

By proceeding you confirm that you are a resident of Australia or New Zealand accessing this website from within Australia or New Zealand and you represent, warrant and agree that:

you are not in the United States or a “U.S. person”, as defined in Regulation S under the U.S. Securities Act of 1933, as amended (“U.S. Person”), nor are you acting for the account or benefit of a U.S. Person;
you will not make a copy of the documents on this website available to, or distribute a copy of such documents to, or for the account or benefit of, any U.S. Person or any person in any other place in which, or to any other person to whom, it would be unlawful to do so; and
the state, territory or province and postcode provided by you below for your primary residence in Australia or New Zealand are true and accurate.

I agree to the above terms Yes or No.

Unfortunately, legal restrictions prevent us from allowing you access to this website. If you have any questions, please contact us by e-mail by clicking on the link below.

Folkestone Limited (“Folkestone”) is pleased to announce that the scheme of arrangement between Folkestone and its shareholders (“Scheme”) was implemented today.

Implementation follows approval of the Scheme by the members of Folkestone at the Scheme meeting held on 17 October 2018 and by the Federal Court of Australia on 22 October 2018.

All Folkestone shares have been transferred to Charter Hall Limited. Shareholders will receive $1.39 per fully paid share comprising:

the Bidder Consideration of $1.354 in cash for each Folkestone share held on the scheme record date being 31 October 2018; and
the Special Dividend of $0.036 in cash for each Folkestone share held on the special dividend record date being 26 October 2018, (together, the “Scheme Consideration”).

The Scheme Consideration, comprising $1.39 per fully paid share will be issued today to Folkestone shareholders who hold Folkestone shares on the relevant record dates above.

An application to remove Folkestone from the Official List will now be made.