B.S.D. Crown Ltd BSD Crown Ltd (The "Company")
November 29 2021 - 8:12AM
UK Regulatory
TIDMBSD
BSD Crown Ltd.
(The "Company")
(LSE: BSD)
BSD Crown Ltd (The "Company")
29 November 2021
Further to the announcements made by the Company on 1 June 2021 and 27 May
2021, the Company updates today regarding the settlement of consideration
arising from the merger transaction contemplated by the Agreement and Plan of
Merger dated 17 March 2021 by and among Yossi Willi Management and Investments
Ltd., a company organized under the laws of the State of Israel ("Purchaser
1"), Zvi v & Co. Company Ltd., a company organized under the laws of the State
of Israel (together with Purchaser 1, the "Purchasers"), Yoseph Zvi 2021
Management Ltd., a company organized under the laws of the State of Israel, and
the Company (the transaction contemplated thereunder, the "Merger"), which
occurred on 30 May 2021.
In accordance with the Merger, each shareholder of the Company (other than the
Purchasers and certain affiliates thereof) is entitled to an amount of £0.30
per each issued and outstanding ordinary share of the Company (such shares,
"Shares", and shareholders entitled to receive such amounts, "Selling
Shareholders").
Pursuant to materials made available to Selling Shareholders in connection with
the Merger, Selling Shareholders were entitled to claim consideration through
26 November 2021 (the "Consideration Claim Deadline").
The Company announces that the Consideration Claim Deadline has been extended
until 31 March 2022.
A Selling Shareholder that has any questions regarding the settlement of
consideration should contact Computershare Investor Services PLC, Corporate
Actions Projects, Bristol BS99 6AH; Phone Number: +44 (0) 370 707 4040.
Enquiries: Joseph Williger
Active Chairman of the Board
END
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