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News: SFG Seafarms Group Says Co Received Approval For Demerger Of Its Environmental Services...

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    July 17 (Reuters) - Seafarms Group Ltd (SFG) :

    • AT EXTRAORDINARY GENERAL MEETING CO, SOUGHT AND RECEIVED SHAREHOLDER APPROVAL OF DEMERGER OF ITS ENVIRONMENTAL SERVICES BUSINESS

      PROPOSEDTO IMPLEMENT DEMERGER OF ITS ENVIRONMENTAL SERVICES BUSI NESS BY UNDERTAKING AN EQUAL CAPITAL REDUCTION

    • ADVISES THAT NEW EXERCISE PRICE FOR LISTED AND UNLISTED OPTIONS IS EXPECTED TO BE $0.098 PER OPTION
    • CAPITAL REDUCTION FOR DEMERGER THROUGH PRO‐RATA IN SPECIE DISTRIBUTION OF ALL SHARES IN CO2 AUSTRALIA TO SHAREHOLDERS
 
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