PRESS RELEASE – Eppley Limited Stock Split
Eppley Limited (EPLY) has advised that the sub-division of the ordinary stock units of the Company will take effect from the opening of trading on Thursday, December 1, 2016.
On that date, each ordinary stock unit will be sub-divided into 150 stock units. This sub-division will not affect the overall market value of any holding of ordinary stock units, but the number of ordinary stock units held by each ordinary stock holder will increase by a factor of 150.
The Extraordinary General Meeting of shareholders and the Board approved the necessary resolutions for the sub-division on Tuesday, November 15, 2016. The purpose of the stock split is to facilitate greater trading in the ordinary stock units.
The ex-stock split date is November 28, 2016 and the record date is November 30, 2016.
