Dipula shareholders vote in favour of collapsing dual share structure
The transaction enables the company to position itself for growth
07 April 2022 - 19:32
A majority of Dipula Income Fund shareholders voted in favour of collapsing the dual A- and B-share structure into a single class of ordinary shares in Thursday’s combined shareholder meeting.
This follows the proposal pitched to shareholders earlier in 2022 for a share swap (exchange) ratio, in which Dipula will buy back and cancel all its issued A-shares shares at a swap ratio of 2.4 B-shares for every A-share in issue...
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