SunMirror AG: Extension of Offer for Takeover Offer on Latitude 66 Cobalt Limited
- Written by Media Outreach
ZUG, SWITZERLAND - EQS Newswire - 23 March 2022 -
SunMirror AG ("SunMirror"; ISIN CH0396131929) hereby announces that its wholly-owned subsidiary SunMirror Luxembourg S.A. has filed with the Australian Securities and Investments Commission a 8-weeks extension notice in relation to the pending takeover offer regarding all outstanding ordinary shares in Latitude 66 Cobalt Limited ("Lat66") by which the closing date of the takeover offer is further extended to 17 May 2022, 5:00 p.m. (AWST) and the date for giving a notice of the status of the bid conditions is further extended to 10 May 2022.
Under consideration of the upcoming extension of the takeover offer, the expected extended timetable for completion of the takeover offer and subsequent acquisition of the entire issued share capital of Lat66 (plus all performance rights) is as follows:
| Offer Closes | 17 May 2022 |
| Dispatch of compulsory acquisition notices to non-accepting Lat66 shareholders | 17 May 2022 |
| Completion of compulsory acquisition of Lat66 shares from Lat66 shareholders | 17 June 2022 |
