Minco plc has been Acquired by Dalradian Resources Inc.
On 30 August 2017 the Scheme of Arrangement implementing the recommended Offer by Dalradian Resources Inc. (“Dalradian”) for all of the share capital of Minco and the Demerger of Minco’s wholly owned subsidiary Buchans Resources Limited (“Buchans”) to Minco Shareholders by way of a transfer in specie, became effective.
Pursuant to the terms of the Offer each shareholder of Minco who appeared on the register of members of Minco at the Scheme Record Time will receive:
0.0242982110 New Dalradian Shares for each B Scheme Share (equivalent to 0.0242982110 New Dalradian Shares for each Minco Ordinary Share as at the date of the Announcement)
and as part of the Scheme, upon the Demerger taking effect, Scheme Shareholders will also receive:
0.02 Buchans Shares for each A Scheme Share: (equivalent to 0.10 Buchans Shares for each Minco Share as at the date of the Announcement).
Crediting of Dalradian DIs to CREST accounts and the despatch of DRS Advices of New Dalradian Shares (as appropriate) will take place by 13 September 2017.
The despatch of DRS Advices of Buchans Shares will take place by 13 September 2017.
For any inquiries on the Dalradian shares, please contact:
Computershare Investor Services PLC
The Pavilions, Bridgwater Road, Bristol
BS13 8AE, United Kingdom
Tel: +44 (0)370 707 1220
Or
Computershare (Vancouver) Limited
510 Burrard St, Vancouver, BC
V6C 3B9
Tel: +1 (604) 661-9400
Toll-Free: +1 (800) 564-6253
For any inquiries on the Buchans shares, please contact:
Computershare (Vancouver) Limited
510 Burrard St, Vancouver, BC
V6C 3B9
Tel: +1 (604) 661-9400
Toll-Free: +1 (800) 564-6253
For any inquiries on the old Minco shares, please contact:
Computershare Investor Services (Ireland) Limited
Heron House, Corrig Road, Sandyford Industrial Estate
Dublin 18, Ireland
Tel:+ 353 (0)1 447 5498