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BANKSIA WINES LIMITED (ASX.BNK)

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19981999200020012002

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delisted at entity's request

05/04/2002

we understand Lion Nathan Limited made a cash offer for all of the shares in Banksia Wines and shareholders received $1.152 per share, comprising $1.12 in cash for each share from Lion Nathan and a fully franked final dividend of 3.2 cents per share from Banksia Wines - Banksia Wines shareholders also received franking credits of 1.4 cents per share attached to the final dividend - this dividend was to be paid on 31 October 2001 - Lion Nathan or its nominee separately offered to acquire all of the options over shares in Banksia Wines for 27 cents per option - subsequently (23 Dec 02) Lion Nathan, which held 84.4 per cent of Banksia, made a cash offer of $1.27 a share for the rest of the shares not already held by it

05/04/2002
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