PLS.ASX: Schemes Become Legally Effective

Schemes Become Legally Effective

Stock	Pilbara Minerals Ltd (PLS.ASX)
Release Time	22 Jan 2025, 2:13 p.m.
Price Sensitive	Yes

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Latin Resources Schemes Become Legally Effective

Key Points

Acquisition of Latin Resources by Pilbara Minerals via share and option schemes now legally effective
Latin Resources shares to be suspended from trading
Key dates for the share scheme, option scheme, and demerger provided

Full Summary

Latin Resources Limited (ASX: LRS) has confirmed that the acquisition of Latin Resources by Pilbara Minerals Limited (ASX: PLS) by way of a share scheme of arrangement and an option scheme of arrangement (Schemes) is now legally effective. Latin Resources lodged an office copy of the orders made by the Supreme Court of Western Australia approving the Schemes with ASIC on 22 January 2025. The remaining key dates of the Share Scheme, Option Scheme and Demerger are provided, including the effective date, last day of trading for Latin Resources shares, record dates, and implementation dates. All dates are indicative and any changes will be announced through ASX and on the Latin Resources website. Latin Resources shareholders and optionholders are advised to contact the Latin Resources Information Line if they have any questions related to the Schemes or the Scheme Booklet.