RE: Agree Duander0313 Mar 2018 11:22
This was originally posted by ''Investor88'' i think,, i just copied it for safe keeping :)
See point 14) in part 2 of RNS.
If Stellar Shareholders cannot identify a broker in the UK who can trade NWF Shares, then NWF and its share registry will assist Stellar Shareholders who wish to trade their New NWF Shares by referring them to stockbrokers in Australia. Stellar Shareholders who would like NWF's assistance in this matter should contact the Company Secretary, Kim Hogg, at kim.hogg@anthonyho.com.au. However, Stellar Shareholders should note that NWF will only be effecting an introduction and that the Stellar Shareholder will need to make their own arrangement with such stockbrokers in relation to broking facilities and the costs of transactions.
Stellar Shareholders should also note that the ASX defines a 'marketable parcel of shares' as being a parcel of shares with a value of at least A$500. Parcels of shares with a value of less than A$500 are deemed to be uneconomic to trade due to the impact of transaction fees ("Less than Marketable Parcel"). Under ASX rules, companies on the ASX can provide a facility to their shareholders whereby holdings of less than A$500 are aggregated and sold in the market with the cash returned to participating shareholders (the "Facility").
In the 3 months following completion of the Combination, Newfield intends to provide this Facility to holders of a Less than Marketable Parcel of NWF Shares. This Facility will enable holders of Less than Marketable Parcels to sell their shares without incurring any costs that could otherwise make a sale of their shares uneconomic. Holders of Less than Marketable Parcels will be provided with at least six weeks' notice of the Facility and will have the right to elect to retain their Less than Marketable Parcels should they so wish.