Black Friday Sale! Save huge on InvestingProGet up to 60% off

BRIEF-M2 Group shareholders vote in favour of scheme of arrangement with Vocus Communications

Published 28/01/2016, 01:08 pm
© Reuters.  BRIEF-M2 Group shareholders vote in favour of scheme of arrangement with Vocus Communications
MTU
-

Jan 28 (Reuters) - M2 Group Ltd MTU.AX :

* Shareholders vote in favour of scheme of arrangement MTU.AX

* Says 96.30% of holders who voted, representing 99.69% of votes cast, were in

favour of the resolution

* Says approved the proposed merger between M2 and Vocus Communications Limited

* The scheme of arrangement approved by m2's shareholders will see Vocus

acquire all of the shares of M2, as part of the merger

* If scheme is approved by court, M2 shareholders will be entitled to receive

1.625 shares in Vocus for each M2 share held on scheme record date

* Says scheme remains subject to the second court hearing, the date for which

has been set for Friday 5th February 2016

* Source text for Eikon ID:nASX8Xgnn7

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.