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07-05-2020, 09:12 AM
#171
Originally Posted by winner69
The day before it was announced ...bad luck
You mean the day before they announced capital return news which was 8th April, so is record date 7th April ? How did you figure that out, couldn't find any reference to record date on their recent announcements though....
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07-05-2020, 09:29 AM
#172
Originally Posted by sb9
You mean the day before they announced capital return news which was 8th April, so is record date 7th April ? How did you figure that out, couldn't find any reference to record date on their recent announcements though....
Sure I read somewhere but can’t remember where and can’t find it now
Probably I’m wrong (as my sign off says)
So Better forget I said that ...I’m sorry
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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07-05-2020, 09:39 AM
#173
Originally Posted by winner69
Sure I read somewhere but can’t remember where and can’t find it now
Probably I’m wrong (as my sign off says)
So Better forget I said that ...I’m sorry
All good winner, just trying to figure that out myself and two bits of info I got from y'days announcement was this...
- TLT initially announced the capital return on 8 April 2020. An application for initial orders from the High Court to consider the scheme of arrangement was filed on 28 April 2020.
- receiving a cash sum of NZ$2.91 for each share cancelled. Shareholders at 7:00pm (NZT) on the record date for the scheme with an address on the register in Australia will be paid NZ$2.91 converted into Australian dollars at the exchange rate offered by TLT's bankers to TLT at that time, as determined by TLT.
Not sure its clear as mud from above what's record date and couldn't find any investor contact email on Tilt website to fire off a question. There's one email for general info queries.
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07-05-2020, 12:34 PM
#174
Member
Originally Posted by sb9
All good winner, just trying to figure that out myself and two bits of info I got from y'days announcement was this...
- TLT initially announced the capital return on 8 April 2020. An application for initial orders from the High Court to consider the scheme of arrangement was filed on 28 April 2020.
- receiving a cash sum of NZ$2.91 for each share cancelled. Shareholders at 7:00pm (NZT) on the record date for the scheme with an address on the register in Australia will be paid NZ$2.91 converted into Australian dollars at the exchange rate offered by TLT's bankers to TLT at that time, as determined by TLT.
Not sure its clear as mud from above what's record date and couldn't find any investor contact email on Tilt website to fire off a question. There's one email for general info queries.
Mark Flesher, Investor Relations, Infratil Limited
mark.flesher@infratil.com
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07-05-2020, 12:38 PM
#175
Originally Posted by Independent Observer AUNZ
Thanks, same IFT contact for TLT as well?
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07-05-2020, 12:59 PM
#176
Member
Originally Posted by sb9
Thanks, same IFT contact for TLT as well?
That's my understanding, yes.
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07-05-2020, 01:18 PM
#177
Originally Posted by Independent Observer AUNZ
That's my understanding, yes.
Sweet, have flicked an email to him.
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07-05-2020, 10:15 PM
#178
There is no record date yet because the scheme schedule has not been finalised.
Thats how I understand it.
For clarity, nothing I say is advice....
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11-05-2020, 08:51 AM
#179
Originally Posted by sb9
Sweet, have flicked an email to him.
No luck with my query yet, not sure it'll even be read.
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11-05-2020, 11:36 AM
#180
Member
Originally Posted by sb9
No luck with my query yet, not sure it'll even be read.
Give them a call. 04 473 3663. They should respond to reasonable requests for information in a timely manner.
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