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Glentel Inc GLNIF



GREY:GLNIF - Post by User

Comment by ascii2on Dec 19, 2014 8:10pm
176 Views
Post# 23251681

RE:RE:RE:Roger's Injunction filing document

RE:RE:RE:Roger's Injunction filing documentYes you are right Barog4451.

Glentel Inc. has filed its management information circular and related materials with the relevant Canadian securities regulators for a meeting of Glentel's securityholders at which the securityholders will be asked to approve a plan of arrangement announced on Nov. 28, 2014. The arrangement provides for, among other things, the acquisition by BCE Inc. of all of the outstanding common shares of Glentel and the purchase for cancellation by Glentel of all of the outstanding options to purchase common shares of Glentel, subject to the provisions of the arrangement agreement dated Nov. 28, 2014, between Glentel and BCE Inc.

On Dec. 11, 2014, the Ontario Superior Court of Justice (Commercial List) granted an interim order providing for, among other things, the calling and holding of the meeting. The meeting is scheduled for 9 a.m. (Vancouver time) on Jan. 12, 2015, at the Pan Pacific Hotel, Coal Harbour Room, 999 Canada Place, Vancouver, B.C.

To become effective, the resolution in respect of the arrangement must be approved by not less than 66-2/3 per cent of the votes cast by the holders of shares and options, voting as a single class, and a majority of the votes cast by the holders of shares.

Glentel's securityholders of record as of 5 p.m. (Vancouver time) on Dec. 11, 2014, are entitled to receive notice of, and vote at, the meeting.

GLTA

 


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