Court Approves Scheme Meeting for ERM Power Shareholders

  • Oct 04, 2019 AEST
  • Team Kalkine

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.

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