Petmin to delist by June as Bidco buyout becomes unconditional

May 23, 2017

Responsive image

JSE-listed Petmin on Tuesday announced that it was on track for a June delisting from the Johannesburg bourse as newly incorporated public company Bidco’s acquisition of all or a portion of its issued ordinary shares becomes unconditional. Petmin expected to terminate its listing of shares on the main board of the JSE on June 7, with the suspension of trading scheduled for May 31, as all the conditions of the scheme of arrangement were fulfilled and the standby offer lapsed.

Category: General