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Sydney Airport Holdings Ltd announces new stapled shares


Sunday, 24 Nov 2013 08:36pm EST 

Sydney Airport Holdings Ltd:Says commencement of official quotation of new stapled shares.Says the company's stapled share comprising of a unit in Sydney Airport Trust 1 (SAT1) stapled to a unit in Sydney Airport Trust 2 (SAT2).Says undergoing a restructure whereby each unit in SAT1 and each unit in SAT2 will be de-stapled and SAT2 removed from the official list of Australian Securities Exchange (ASX), and each unit in SAT1 will be stapled to one share in Sydney Airport Limited.Says after the implementation of the Stapling Proposal, the shares of Sydney Airport Limited will be stapled to the units in SAT1 to form the new stapled securities.Says scheme effective date is Nov. 25 and implementation date is Dec. 3. 

Company Quote

4.3
0.01 +0.23%
24 Oct 2014