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BLACKWALL LIMITED — Capital/Financing Update 2021
Feb 16, 2021
64590_rns_2021-02-16_e2968c33-2e67-4316-86f4-cf0b49be4320.pdf
Capital/Financing Update
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17 February 2021
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ASX Announcement
IMPLEMENTATION OF SCHEME AND STAPLING PROPOSAL
The Board of WOTSO Property ( WOT ) is please to advise that the scheme of arrangement, under which BlackWall Property Trust ( BWR ), WOTSO Limited and Planloc Limited form the WOTSO Property stapled structure, has been fully implemented today.
BWR unitholders now hold 1 WOT stapled security for every 1 BWR unit held at 5.00pm (AEDT) on 10 February 2021.
WOTSO Limited shareholders now hold 1 WOT stapled security for approximately every 3.92 WOTSO Limited shares held at 5.00pm (AEDT) on 10 February 2021.
Confirmation of timetable
| Date | Event |
|---|---|
| 17 February 2021 | Implementation Date– BWR Units and Planloc Shares issued to WOTSOShareholders. WOTSO Shares issued to BWR Unitholders. |
| 17 February 2021 | Last day of deferred settlement trading under the ticker ‘BWRDB’ |
| 18 February 2021 | Quotation– WOTSO Property commences quotation on the ASX on anormal settlement basis (named ‘WOTSO Prop’ and with ticker ‘BWR’)ASX actions name change to ‘WOTSO Property’ and ticker change to ‘WOT’ |
| 19 February 2021 | First day of trading of stapled securities under the new name, ‘WOTSOProperty’, and new ticker, ‘WOT’ |
For further information please contact:
Jessie Glew (Joint Managing Director & COO) on 0438 691 538 or [email protected] Tim Brown (Joint Managing Director & CFO) on 0416 925 376 or [email protected]
Authorised for lodgement by Alex Whitelum, Company Secretary
BLACKWALL LIMITED (ASX:BWF) ABN 37 146 935 131 WOTSO PROPERTY 50 Yeo Street, Neutral Bay, NSW 2089 Australia | PO Box 612, Neutral Bay, NSW 2089 Australia Tel +61 2 9033 8611 | [email protected] | www.blackwall.com.au