Horizon and Greenstone are pleased to announce that the Schemes have today been implemented.
Scheme Consideration
In accordance with the Schemes, all eligible Greenstone securityholders have today been issued:
Capitalised terms not otherwise defined in this announcement have the meaning given in the Scheme Implementation Deed dated 12 February 2024 and varied on 1 April 2024 (see GSR ASX announcements 13 February 2024 and 2 April 2024).
Delisting from ASX
Trading in Greenstone securities on the Australian Securities Exchange (ASX) was suspended from close of trading on 6 June 2024 and Greenstone will now apply to the ASX for the termination of official quotation and removal from the official list of the ASX, which is expected to take effect from close of business on 18 June 2024.
Change of Directors of Horizon
With effect from implementation of the Schemes today:
The material terms and conditions of Mr Haywood’s employment, as announced to ASX on 28 April 2023, remain unchanged. See HRZ ASX announcement 28 April 2023 (Upcoming Board and Management Changes).
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