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Removed from the Official List following the Scheme of Arrangement with Mining Corporation of Australia Limited | 06/05/1997 |
we understand the merger of the capital of Target and MCA was achieved by way of a Scheme of Arrangement whereby (A) shareholders in Target were offered 1 fully paid ordinary share in MCA for every 8 fully paid ordinary shares they held in Target, (B) existing shareholders in MCA as well as former shareholders in Target who acquired shares in MCA were issued with 1 free option to acquire a fully paid ordinary share in MCA for every 4 shares they held in MCA, exercisable at 50 cents each by 1st June 1997 and (C) option holders in Target were offered 1 option to acquire a fully paid ordinary share in MCA for every 15 options they held in Target, exercisable at 50 cents each by 1st June 1997 | 06/05/1997 |
My father who passed away in 1977, owned Target Petroleum NL shares that eventually merged with MCA. I need to find out what happened to those shares? Kaye S | 07/05/2018 07:00:37 |
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