VRL 0.00% $3.00 village roadshow limited

village takeover - prefs convert to normal shares

  1. 175 Posts.
    Under the Village constitution in the event of a takeover the Prefs convert to normal shares - so lets hope for a takeover!!! see below:

    From the age today:
    There was also heightened speculation about a takeover bid for the Australian entertainment company from a mystery offshore investor that has been buying large parcels of Village ordinary stock.

    There have been suggestions that the buyer is friendly to Village co-chairmen Robert and John Kirby, who control about 47 per cent of the ordinary stock

    Anyone know anything more about this??

watchlist Created with Sketch. Add VRL (ASX) to my watchlist

Currently unlisted public company.

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