The browser you are currently using is not being supported by this website, please upgrade to a more recent browser for a better viewing experience.
Independent Adviser(s): Simmons Corporate Finance (Rule 18)
Company Meeting Date: 14/11/2013
Summary of transaction:
On 14 November 2013, Southern Travel Holdings Limited ("Southern Travel") held its Annual Meeting of Shareholders. At the meeting, shareholders approved proposed acquisitions by Southern Travel of up to 1,686,937 of the company's shares ("Share Buyback Offer"). Shareholders also approved any increase in the percentage of voting securities held or controlled by Rodney Walshe Limited, Kiyomi Gunji and Kazue Gunji as a result of the Share Buyback Offer.
The consideration offered under the Share Buyback Offer was $0.14 in cash per Southern Travel share.
Southern Travel proposed to cancel all the shares it acquired, under the Share Buyback Offer, immediately on acquisition.
We have not received consent to publish other documents in relation to this transaction on our website. However, copies of these documents are available upon request to the Panel under the Official Information Act 1982. Please send your written Official Information requests to firstname.lastname@example.org