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WATTYL LIMITED (WYL)

Delisted from ASX 22/09/2010

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Former (or subsequent) names

 

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REGISTRY:
Computershare, Level 3, 60 Carrington Street, Sydney NSW 2000
Tel : +61 2 8234 5000
Fax : +61 2 8235 8150
RegistryWebsite RegistryEmail

Company details

Address: Level 4, 2 Burbank Place, Norwest Business Park, Baulkham Hills NSW 2153
Tel:  (02) 9813 3333 Fax: (02) 9813 3344

Date first listed: 30/06/1962
Company Secretary: Mr Emmanuel Zammit, Ms Julianne Lyall-Anderson
Sector: Materials Industry Group: XMJ
Activities: Paint and surface coatings company that? produces a broad range of paints, varnishes, lacquers and special purpose protective coatings
delisted following the completion of the scheme of arrangement whereby all the Company's shares were acquired by The Valspar (Australia) Paint Acquistion Pty Limited22/09/2010
we understand The Valspar (Australia) Paint Acquisition Pty Limited (VAPA), a wholly owned subsidiary of the Valspar Corporation (a global paint and coatings manufacturer based in Minneapolis in the United States) was successful with a takeover offer of $1.67 in cash per fully paid Wattyl share and $0.37 in cash per partly paid Wattyl share22/09/2010
the scheme of arrangement between Wattyl and Wattyl shareholders has been implemented. Implementation follows approval by Wattyl shareholders at the scheme meeting held on Wednesday, 8 September 2010 and by the Federal Court of Australia on Monday, 13 September 2010. All Wattyl shares have been transferred to The Valspar (Australia) Paint Acquisition Pty Limited (VAPA), a wholly owned subsidiary of The Valspar Corporation, for $1.67 in cash per fully paid Wattyl share and $0.37 in cash per partly paid Wattyl share. The scheme consideration is expected to be despatched to Wattyl shareholders on 23 September 201021/09/2010
the securities of Wattyl Limited (the "Company") will be suspended from quotation at the close of business today, at the request of the Company, following lodgement of the court order with ASIC in relation to the scheme of arrangement whereby all of the Company's fully paid ordinary shares and partly paid ordinary shares will be acquired by The Valspar (Australia) Paint Acquisition Pty Limited13/09/2010
we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - merger with The Valspar Corp - this corporate event may appear elsewhere in this company record13/09/2010

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    23/03/2010Tony DragicevichOn market25,000$0.955$23,873
    11/12/2009Tony DragicevichOn market25,000$1.085$27,125
    10/11/2009Tony DragicevichOn market504$1.145$577
    03/11/2009Tony DragicevichOn market50,000$1.019$50,925
    10/09/2009Ian FraserOn market8,000$0.855$6,840

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    John IngramChairman, Independent Director
    Tony DragicevichManaging Director30/10/2009
    Emmanuel ZammitCFO
    Lori WalkerDirector13/09/2010
    Rolf EnghDirector13/09/2010
    Howard HeckesDirector13/09/2010

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Patty AkopiantzNon Exec Director17/09/200513/09/2010
    Mark LubyDirector07/03/200713/09/2010
    Ian FraserDirector05/06/200913/09/2010
    John NolanManaging Director, CEO01/01/200530/10/2009
    Diane GradyIndependent Director27/10/2006
    Peter CadwalladerDeputy Chairman, Independent Director28/10/2005

    Date of first appointment, title may have changed.