BRL 0.00% 1.6¢ bathurst resources limited

Ann: REMOVE: BRL: Delisting from the New Zealand Stock Exchange

  1. lightbulb Created with Sketch. 2
    • Release Date: 29/05/15 10:01
    • Summary: REMOVE: BRL: Delisting from the New Zealand Stock Exchange
    • Price Sensitive: No
    • Download Document  2.2KB
    					BRL
    29/05/2015 10:01
    REMOVE
    PRICE SENSITIVE
    REL: 1001 HRS Bathurst Resources Limited
    
    REMOVE: BRL: Delisting from the New Zealand Stock Exchange
    
    Delisting of Bathurst Resources Limited from the NZX
    
    Bathurst Resources Limited ("Bathurst" or "the Company" ASX/NZX: BRL) has
    resolved to delist from the New Zealand Stock Exchange ("NZX") Main Board,
    with effect from 3 July 2015 ("Delisting Date").
    
    BRL's shares will remain listed on the Australian Securities Exchange ("ASX")
    and will continue to be quoted on the ASX. New Zealand shareholders will
    still be able to trade BRL shares through any New Zealand stockbroker who can
    facilitate trading through the ASX, or by dealing through an Australian
    stockbroker.
    
    BRL's decision is a result of an ongoing Business Efficiency Review aimed at
    streamlining business processes and systems to reduce operating costs.
    Delisting from the NZX will enable BRL to save on the ongoing listing fees,
    legal fees, and registry costs associated with maintaining its NZX Main Board
    listing.
    
    The last day on which shareholders will be able to trade BRL shares on the
    NZX Main Board is 29 June 2015. On the Delisting Date all BRL shareholders
    holding their shares on BRL's New Zealand register will automatically be
    transferred to the Australian register (although BRL's principal share
    register will continue to be maintained in New Zealand). Such shareholders
    whose shares are transferred to the Australian register will continue to hold
    legal title to their shares, and will be paid any dividends in New Zealand
    dollars, receive corporate documentation and notices, and be able to attend
    meetings and vote directly.
    
    Following the Delisting Date, BRL shares can only be traded on the ASX.
    Affected shareholders will receive notification of their new Security
    Reference Number (SRN) and holding statement the week commencing 6 July.
    
    BRL will send a letter to New Zealand shareholders outlining the delisting
    process. A copy of the letter is attached.
    
    BRL will remain as a New Zealand registered company.  The Company appreciates
    the support of its New Zealand shareholders, and encourages them to continue
    with their investment in the company.
    End CA:00265000 For:BRL    Type:REMOVE     Time:2015-05-29 10:01:42
    				
 
watchlist Created with Sketch. Add BRL (NZSX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.