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SSH GROUP LTD — Regulatory Filings 2022
Mar 28, 2022
65863_rns_2022-03-28_be3d8d68-f954-4979-b744-82fb232258bd.pdf
Regulatory Filings
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2022-03-29
Completion of Unmarketable Parcel Sale Facility
SSH the Group it has completed the sale of the unmarketable parcels under the Facility.
The Closing Date for the receipt of share sale facility forms was 5:00pm (WST) on 29 December 2021.
A total of 63 of shareholders elected to retain their unmarketable parcels.
Pursuant to the terms of the Facility, the shares of 1,704 shareholders who did not respond or who elected not to retain their shares and held unmarketable parcels as at 5:00pm (WST) 11 November 2021 have been sold.
These holdings total 260,077 shares. These shares were sold at a price of $0.235 on 24 March 2022.
Holders of unmarketable parcels which were sold under the Facility should expect to receive their consideration within 2-5 business days if paid by electronic funds transfer and payments will be despatched within the next 2 days for those payments being made by cheque. All costs associated with the sale of the unmarketable parcels are being borne by the Company.
Following the completion of the Facility, the Company now has 540 shareholders, representing a reduction of approximately 75%, providing significant administrative cost savings to the Group.
The SSH Group The company provides a comprehensive range of integrated services to an array of Australian industries, projects, and communities.
For more information, please contact:
By telephone:
By post:
SSH Group Ltd Registered Office +61 8 9226 2011 9:00am to 5:00pm (WST) Monday to Friday
Company Secretary
SSH Group Ltd 1/12 Cowcher Place, Belmont WA 6104.
ASX Release Title
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