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Washington H Soul Pattinson and Company Ltd (SOL.AX)

SOL.AX on Australia Stock Exchange

17.94AUD
28 Mar 2017
Change (% chg)

$0.39 (+2.22%)
Prev Close
$17.55
Open
$17.56
Day's High
$17.98
Day's Low
$17.55
Volume
128,364
Avg. Vol
195,074
52-wk High
$17.98
52-wk Low
$14.35

Latest Key Developments (Source: Significant Developments)

Washington H Soul Pattinson and Company's HY profit up 56.1% to A$149 mln
Wednesday, 22 Mar 2017 05:48pm EDT 

Washington H Soul Pattinson And Company Ltd : HY profit after tax attributable to members up 56.1 pct to A$149 million . HY revenue from operations up 60.9 pct to A$438.1 million .Interim dividend increased by 4.8 pct to 22 cents per share fully franked.  Full Article

Washington H Soul Pattinson And Co to vote against HHV resolutions in meeting with Wilson Asset Management
Monday, 20 Mar 2017 07:12pm EDT 

Washington H Soul Pattinson And Company Ltd : Hunter Hall Global Value received a notice requisitioning a general meeting from entities associated with Wilson Asset Management . WHSP intends to vote against HHV resolutions . HHV board considered proposal for buyback as proposed by WAM;concluded proposal would not be in best interests of shareholders .WHSP believes that voting in favour of an entirely new board appointed by one shareholder carries significant risks.  Full Article

Hunter Hall updates on takeover offer from Washington H. Soul Pattinson & Co's unit
Tuesday, 14 Mar 2017 06:08pm EDT 

Hunter Hall International Ltd : Asx alert-market update,sol-hhl.ax . "whsp now has a relevant interest in approximately 44.2% of hunter hall shares" . "no action is required by hunter hall shareholders at this time" . Under revised WHSP cash offer, offer consideration comprises unconditional offer price of $2.60 cash per Hunter Hall share . Independent directors of hunter hall continue to recommend that shareholders reject WHSP cash offer .Refers to takeover offer from whsp.  Full Article

Washington H Soul Pattinson and Company updates on proposed Hunter Hall buy
Sunday, 12 Mar 2017 09:35pm EDT 

Washington H Soul Pattinson And Company Ltd : Offer period has been extended to close at 7:00 pm (Sydney time) on tuesday 21 March 2017 .Bidder also announced it will increase its offer price to $2.60 cash per HHL share.  Full Article

Hunter Hall International announces proposed merger with Pengana
Thursday, 9 Mar 2017 01:48am EST 

Hunter Hall International Ltd : Hunter Hall announces proposed merger with Pengana . Entered into an agreement to merge its business with Pengana Holdings Pty Ltd . Estimated back office and occupancy cost savings of $6 million per annum to be realised from fy2018 . Merger will be effected by co acquiring all shares in pengana in return for issuance of 74.1 million hunter shares to Pengana shareholders . Following merger, hunter hall shareholders to own about 27% and Pengana shareholders to own about 73% of issued equity of hunter hall . "Board has assessed proposed merger to be superior to current off-market takeover offers for Hunter Hall" . Russel Pillemer will be ceo of merged business . Board of hunter hall intends to unanimously recommend that shareholders vote in favour of proposed merger .Board continues to recommend shareholders reject takeover offers from Washington H. Soul Pattinson And Co and Pinnacle Ethical Investment Holdings.  Full Article

Hunter Hall International recommends to reject WHSP revised takeover offer
Sunday, 26 Feb 2017 05:44pm EST 

Hunter Hall International Ltd : Recommend to reject WHSP revised takeover offer as co considers offer as significantly undervalues hhl shares Source (http://bit.ly/2mAqHeo) Further company coverage: [HHL.AX] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Washington H. Soul Pattinson and Company Ltd
Wednesday, 15 Apr 2015 02:50am EDT 

Washington H. Soul Pattinson and Company Ltd:Announces that Todd J. Barlow became the chief executive officer of the company on April 1.  Full Article

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