Zeta Resources Limited (ASX: ZER) made a groundbreaking announcement. UIL Limited, the major shareholder holding 95.03% of the Company's ordinary shares, has exercised its right to acquire all shares held by shareholders other than UIL. This bold move, executed under section 103 of the Companies Act 1981 of Bermuda, offers an enticing cash price of AU$ 0.2973 for each Zeta share, surpassing the last traded price of AU$ 0.22 per share on ASX.
This presents an exceptional opportunity for shareholders. Following this buyout, Zeta shares will be suspended from trading on ASX until the process is finalized. Automic Registry Services will oversee the buyout consideration, ensuring all shareholders a seamless and efficient experience.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.