Corporate action29 Feb 2024 17:34
Great, we are expected to make a decision on our TIGT holdings without knowing all of the details!
TROY INC GTH TST GBP0.25 - Scheme of Reconstruction
TROY INC GTH TST has announced reconstruction proposals under the following terms:
Scheme of Reconstruction (the Scheme) and Voluntary Liquidation of the Company.
Under the terms of the Scheme shareholders will receive STS Global Income and Growth PLC (STS) shares at a rate yet to be determined.
Under the terms of the Scheme, shareholders are being given the opportunity to elect for a Cash payment under the Cash Exit Offer.
Option 1: Accept the Cash Exit Offer on your full holding, at a rate yet to be determined.
Option 2: Accept the Cash Exit Offer on part of your holding at a rate yet to be determined.
If you do not make an election to receive Cash, you will receive the New STS shares as a default.