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Liberty Place Level 41 161 Castlereagh St Sydney NSW 2000 Locked Bag A14 Sydney South NSW 1235
Tel : 1300 554 474The suspension of trading in the securities of Wellard Limited will be lifted immediately, following the release by WLD of an announcement. | 04/07/2019 |
Heytesbury will purchase the M/V Ocean Swagman for US$22M. Wellard will charter the vessel back from Heytesbury for an initial period to 31 March 2021, with options to extend for up to 4 years (1 year extension option on same terms, and further 3 years extension option at market rate to be agreed). Heytesbury holds 11.42% of Wellard. Wellard's noteholders have agreed an indicative, non-binding term sheet for a further standstill period. Noteholders will receive US$10M from the Swagman sale proceeds, which is anticipated to occur on 31 August 2019. The sale and leaseback of the MV Ocean Swagman represents a further significant step in Wellard's ongoing restructure plan to reduce debt levels and improve financial and operating flexibility. Importantly, Wellard retains management of and access to a fleet of four specialist livestock vessels while releasing significant equity without shareholder dilution. | 04/07/2019 |
The securities of Wellard Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of WLD, pending the release of an announcement regarding a proposed recapitalisation and restructure | 03/07/2019 |
The suspension of trading in the securities of Wellard Limited (the "Company") will be lifted immediately, following receipt of an announcement. | 15/08/2016 |
The securities of Wellard Limited (the "Company") will be suspended from official quotation immediately, pending the release of an announcement by the Company. | 09/08/2016 |
listed entity carried for record purposes only | 10/12/2015 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| John Klepec | Executive Chairman, Independent Director | 17/11/2016 |
| Philip Clausius | Non Exec Director | 21/11/2015 |
| John Stevenson | Executive Director, CFO | 28/10/2016 |
| Kanda Lu | Executive Director | 16/05/2017 |
| Michael Silbert | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|
Date of first appointment, title may have changed.
