据世界天然气7月22日报道,Magnolia LNG项目开发商、Bear Head LNG项目的开发商液化天然气有限公司已决定将公司迁往美国,并在纳斯达克上市。
液化天然气有限公司董事长Paul Cavicchi在评论该决定时表示,"经过董事会和管理层的持续评估,并考虑到该公司有信心筹集新资本,为我们的业务和营销活动提供资金,我们认为在美国重新定居符合该公司的最佳利益。"
拟议中的搬迁交易的时间,包括股东在计划会议上的投票,将取决于美国和澳大利亚监管程序的时长,以及澳大利亚是否有法庭日期。
液化天然气有限公司董事总经理兼首席执行官Greg Vesey补充说,搬迁交易可能在2019年末或2020年初完成。
该公司董事会认为,在纳斯达克上市可能带来重大好处,包括符合其目前100%北美液化天然气项目开发和运营管理的重点。
预计该公司还将吸引北美投资者对液化天然气有限公司越来越多的关注,提高估值和交易流动性,吸引无法投资美国以外上市股票的投资者。
根据澳大利亚公司法,一旦获得股东、司法和监管部门的批准,股东将把他们在的证券换成新成立的特拉华州公司纽科的证券。
与此同时,纽科将向美国证券交易委员会提交一份的注册声明,作为向纳斯达克过渡的一个组成部分。
为协助过渡工作,本公司预期会采用股份出售机制,让符合资格的现有股东根据安排计划选择出售或保留其股份,惟本公司能以可接受的条款安排特别提款权。
根据拟议的特别提款权,有资格出售所持股份的现有股东,将通过一家由公司赞助的销售代理机构出售所持股份,销售所得将汇给这些股东,无需支付任何经纪费用、印花税或处理费用。
有资格以液化天然气证券换取纽科证券的股东,将保留与纽科相同的相对股权。
薛珂 编译自 世界天然气
原文如下:
LNG Limited move business to USA
LNG Limited, developer of the Magnolia LNG and Bear Head LNG projects has decided to re-domicile the company to the United States and list on the NASDAQ Stock Exchange.
Commenting on the decision, LNG Limited chairman Paul Cavicchi said, “After continued evaluation by the Board and management team and given the company’s confidence in raising new capital to fund our business and marketing efforts, we believe a U.S. re-domiciling is in the company’s best interest.”
Timing of the proposed re-domicile transaction, including shareholder vote at a scheme meeting, will depend upon the length of regulatory processes in the U.S. and Australia and on availability of Court dates in Australia.
LNG Limited managing director and CEO Greg Vesey added that the re-domicile transaction could be completed in late 2019 or early 2020.
The Board of Directors believes listing on the NASDAQ may deliver significant benefits, including, aligning with its current 100 percent North American LNG project development and operational management focus.
It is also expected to attract increasing awareness of LNG Limited with North American investors, improving valuation and trading liquidity, attracting investors not able to invest in equities listed outside of the U.S.
The re-domiciliation process will utilize a scheme of arrangement under the Australian Corporations Act pursuant to which LNGL’s shareholders will exchange their securities in LNGL for securities in a newly incorporated Delaware company, Newco, once shareholder, judicial and regulatory approvals are secured.
In parallel with the scheme process, Newco will file a registration statement on Form 10 with the U.S. Securities and Exchange Commission as an integral part of the transition to the NASDAQ.
To assist with the transition, the Company anticipates using a share sale facility providing eligible existing shareholders an election to either sell or retain their shareholding in accordance with the scheme of arrangement, subject to the company being able to arrange the SSF on acceptable terms.
Under the proposed SSF, eligible existing shareholders electing to sell their shareholdings will do so through a company-sponsored sale agent with sale proceeds remitted to the electing shareholders, free from any brokerage costs, stamp duty, or handling costs.
The shareholders eligible to exchange their securities in LNG for securities in Newco will retain the same relative stake in the company.