In this blog, we will provide a sample timetable for a plan of arrangement. While each transaction is different, the sample timetables are useful to provide an indication of the basic timing requirements for each type of transaction.

See Chinese version below [中文版参阅下文]

TIME EVENT
Day X Sign arrangement agreement following approvals by bidder and target company 
Issue press release announcing transaction
Day X + 25 Record date for meeting of target company shareholders; obtain interim court order
Day X + 35 Management information circular mailed to target company shareholders
 
Day X + 60 Meeting of target company shareholders to approve arrangement; issue press release announcing approval of arrangement
Day X + 62 Obtain final court order
Day X + 65 Closing of arrangement

在这篇博客中,我们将列出针对计划安排交易的时间表示例。虽然每项交易不同,这些时间表示例有助于指示每种交易类型的基本时间要求。

时间

事项内容

第X天

经收购方和目标公司董事会批准后签署安排协议

发布公告披露拟议交易

第X天 + 25

目标公司股东大会记录日期; 获得临时法令

第X天 + 35

将管理委任通告邮寄给目标公司股东

第X天 + 60

目标公司召开股东会议以批准安排计划;发布公告披露拟议安排计划交易

第X天 + 62

获得最终法令

第X天 + 65

安排计划完成

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.