Sanford details
Sanford, Ltd, the fish processing company, has announced details of an extraordinary meeting of shareholders to be held on July 11 to approve the splitting of its. 100 c shares into 50c units, increasing the authorised capital from $4-3M to SI2M, and the proposed one-for-one bonus issue. In addition, approval is sought for a scheme of arrangement to allow the 7 per cent participating preference shareholders the choice of either a cash redemption of 200 c a share or one 50c ordinary share for each preference share held. The ex bonus and changing quotation dates is July 12.
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Bibliographic details
Press, 20 June 1984, Page 35
Word Count
100Sanford details Press, 20 June 1984, Page 35
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