The Supreme Court of New South Wales has today approved the meeting of ERM Power Limited’s (ASX: EPW) shareholders to consider and vote on the Scheme in relation to the proposed acquisition of ERM Power by Shell Energy Australia Pty Ltd.
- The Scheme Meeting will be held at AEST 11.00 AM 8 November 2019 at Brisbane Marriott Hotel in Brisbane Queensland;
- The directors of ERM Power have recommended ERM Power shareholders to vote in favour of the Scheme in the absence of a superior proposal;
- Trevor St Baker, who has approximately 27.39% interest in the total ERM Power shares has confirmed to the ERM Power directors that he intends to vote in favour of the Scheme.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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