Federal Court of Australia Approves Sundance’s Re-Domiciliation and Lodgement of Court Orders With ASIC
SUNDANCE ENERGY AUSTRALIA LTD AMERICAN DEPOSIT (SNDE)
US:NASDAQ Investor Relations:
nasdaq.com/symbol/snde
Company Research
Source: GlobeNewswire
DENVER, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (the “Company” or “Sundance”) is pleased to announce that the Federal Court of Australia ("Court") has today made orders approving the scheme of arrangement in relation to the Company's proposed re-domiciliation from Australia to the United States ("Scheme"), under which Sundance Energy Inc. ("Holdco") will become the ultimate parent company of the Sundance group of companies following the implementation of the Scheme. A copy of the Court's orders was lodged with the Australian Securities and Investments Commission today and, as a result, the Scheme is now legally effective. Sundance has applied to ASX to suspend quotation and trading of Sundance's shares, with effect from the close of trading on ASX today. Sundance has, however, been advised by Nasdaq that Sundance’s ADRs will be eligible for trading on Nasdaq until the implementation date (Tuesday, November 26, 2019). Sundance
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