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BRIEF-Watermark Global Leaders Fund Says Federal Court Approved Scheme Of Arrangement

Published 11/04/2019, 04:30 pm
Updated 11/04/2019, 04:40 pm
© Reuters.  BRIEF-Watermark Global Leaders Fund Says Federal Court Approved Scheme Of Arrangement

April 11 (Reuters) - Watermark Global Leaders Fund Ltd WGF.AX :

* FEDERAL COURT APPROVES SCHEME OF ARRANGEMENT

* EXPECTED THAT TRADING IN WGF SHARES ON ASX WILL BE SUSPENDED FROM CLOSE OF 11 APRIL 2019

* SCHEME INVOLVES WGF REDUCING SHARE CAPITAL TO ZERO AND ALL WGF SHARES BEING CANCELLED BY WAY OF A CAPITAL REDUCTION

* WGF SHAREHOLDERS ON REGISTER ON SCHEME RECORD DATE, WILL BE ENTITLED TO BE ISSUED UNITS EQUAL TO $0.991 PER WGF SHARE

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