GGP distribution23 Jan 2024 07:39
Announcement on company website
Starvest, the specialist mining and resources investment company, is pleased to provide an update on the Distribution in Specie of its Greatland Gold plc (“Greatland“) shares.
Following Shareholder meetings in November and December 2023, the Company entered into a Members’ Voluntary Liquidation on 20 December 2023 and Michael Solomons and Andrew Pear of Moorfields Advisory were appointed as Liquidators of the Company.
Part of the liquidation of assets involves the Distribution in Specie of the Company’s Greatland shares to Shareholders.
Notices is hereby given that the allocation date of the Distribution is set for 19 January 2024. The final ratio has been calculated at 1.32973066 Greatland shares for every one share of the Company. This is against the previously advised approx. ratio of 1.33 Greatland shares for every one share of the Company in the Notice to Shareholders on 27 October 2023.
It does not appear to mention any other shares e.g. Ariana.