Following approval by shareholders throughout a normal assembly right now (4 July), HET is ready to accumulate round £310m internet property from HNE for the problem of 151,000,587 new shares to HNE shareholders. The admission is anticipated to happen on the London Inventory Alternate tomorrow (5 July).
As a part of the merger, Stephen Macklow-Smith has resigned from the HEFT board and Stephen King, Rutger Koopmans and Ekaterina Thomson, from the board of HNE, have been appointed as non-executive administrators of the mixed belief.
Henderson European trusts enhance merger phrases after unsolicited third-party bid …