deListed Australia
25
YEARS 2001–2026

Celebrating 25 Years in Business

Thank you for being part of our development since September 2001. With your ongoing support, we look forward to many exciting years ahead.

MORGAN AND BANKS LIMITED (ASX.MBK)

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19981999

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delisted pursuant to Listing Rule 17.11 following completion of the Scheme of Arrangement with TMP Worldwide Inc.

17/03/1999

we understand TMP issued 5,450,000 shares (approximately $314 million) to acquire Morgan and Banks - each shareholder in Morgan & Banks transferred their shares to TMP and received A$4.65 in TMP shares (evidently the number of TMP shares transferred was calculated based on the average of the closing selling prices for TMP stock over the 20 business days immediately preceding the date of the allotment with the US$/A$ exchange rate being that which applied on the date of allotment)

17/03/1999
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