Paladin Energy Ltd (AU:PDN) has released an update.
Paladin Energy Ltd has announced plans to restructure its share capital, proposing a consolidation where ten existing shares will become one, aiming to align its share count with its ASX 200 status and attract more international investors. Shareholders are set to vote on this proposal during the General Meeting on 9 April 2024, with the company’s board unanimously recommending approval. The restructuring will affect all shareholders equally, maintaining their proportional interest in the company.
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