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BRIEF-Stonegate shareholders approve plan of arrangement with Itafos

Published 2017-07-13, 01:55 p/m
© Reuters.  BRIEF-Stonegate shareholders approve plan of arrangement with Itafos

July 13 (Reuters) - Stonegate Agricom Ltd ST.TO :

* Stonegate shareholders approve plan of arrangement with Itafos

* Pursuant to arrangement, each Stonegate shareholder to receive 0.008 of ordinary share of Itafos for each Stonegate share held

* About 74% of issued and outstanding Stonegate shares were represented in person or by proxy at special meeting of Stonegate held

* Expected that Co will apply for final order of Ontario superior court of Justice for approval of arrangement on July 17, 2017

* 99.89% of Stonegate shares represented at Stonegate meeting were voted in favour of arrangement

* 99.83% of Stonegate shares voted by disinterested Stonegate shareholders were voted in favour of Arrangement with Itafos Source text for Eikon: ID:nCNWVqhf7a Further company coverage: ST.TO

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