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Folkestone Limited ("Folkestone") confirms that it has today lodged with the Australian Securities and Investments Commission an office copy of the orders made by the Federal Court of Australia ("Court") approving the scheme of arrangement between Folkestone and its shareholders under which Charter Hall Limited will acquire 100% of the ordinary shares in Folkestone ("Scheme").
As a result, the Scheme is now legally effective. A copy of the orders made by the Court approving the Scheme is attached.
It is expected that Folkestone shares will be suspended from quotation on the ASX with effect from the close of normal trading today.
Folkestone shareholders who hold shares as at the record date for the Scheme, which has been determined to be 7:00pm (Sydney time) on Wednesday, 31 October 2018, will receive a cash payment of the Scheme consideration on the Scheme implementation date, which is expected to be Wednesday, 7 November 2018.
Folkestone shareholders who have questions in relation to the Scheme should contact the Folkestone Shareholder Information Line on 1300 032 756 (within Australia) or +61 2 8023 5418 outside of Australia between 9:00am and 5:00pm (Sydney time) on business days.
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Thanks for your interest in Charter Hall. Fill in your details below and we’ll get back to you as soon as possible.
I am interested in
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.
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