PES pepper residential securities trust no. 21

takeover by aoe appears to be in the bag

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    Todays announcement by PES shows that AOE has commitments from shareholders of over 50%.

    AOE 19.98%
    Shell 11.17% (based on 13,886,823 shares held-ie no options)
    PES Directors 11.58%
    Fontaine interests 5.06%
    Meade interests 2.47%
    TOTAL 50.26%

    announcement seemed to put back documents by around a week or so.

    cheers
 
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Currently unlisted public company.

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