Textainer Group Holdings Limited Announces Planned Dual Listing on the Johannesburg Stock Exchange and the Proposed Distribution of Textainer Shares Held by Trencor Limited to the Sharehol...
Textainer Group Holdings Limited Common Shares (TGH)
Last textainer group holdings limited common shares earnings: 10/31 04:05 pm
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investor.textainer.com/investor-overview
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Source: PR Newswire
HAMILTON, Bermuda, Sept. 18, 2019 /PRNewswire/ -- Textainer Group Holdings Limited (NYSE: TGH) ("Textainer", "the Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today announced that Trencor Limited (JSE: TRE "Trencor"), the holder of 27.2 million common shares of Textainer or approximately 47.5% of the Company's common shares, has filed with the Johannesburg Stock Exchange (JSE) a circular (the "Trencor circular") requesting that Trencor's shareholders approve the unbundling of Trencor's shares in Textainer, which if approved would result in Trencor's shareholders receiving approximately 15.7 common shares of Textainer for every 100 common shares of Trencor they hold. In connection with the unbundling of the Textainer shares held by Trencor, Textainer has submitted a voluntary application for a secondary, or dual, listing on the main board of the JSE and this application has been approved by the JSE. Assuming the conditions precedent noted b
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