{"id":494750,"date":"2021-05-18T06:48:12","date_gmt":"2021-05-18T10:48:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-lithium-announces-implementation-of-scheme\/"},"modified":"2021-05-18T06:48:12","modified_gmt":"2021-05-18T10:48:12","slug":"piedmont-lithium-announces-implementation-of-scheme","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-lithium-announces-implementation-of-scheme\/","title":{"rendered":"Piedmont Lithium Announces Implementation of Scheme"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Piedmont Lithium Announces Implementation of Scheme<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Piedmont Lithium Inc. (NASDAQ:PLL, ASX:PLL) (Piedmont or Company)<\/b> is pleased to advise that the scheme of arrangement (<b>Scheme<\/b>) to give effect to the re-domiciliation of Piedmont Lithium Limited (<b>Piedmont Australia<\/b>) from Australia to the United States of America has been implemented.\n<\/p>\n<p>\nAll Piedmont Australia shares have been transferred to Piedmont. The Scheme consideration, comprising Piedmont CDIs and Piedmont shares, has been issued to Piedmont Australia shareholders and Piedmont Australia ADS holders respectively, other than ineligible foreign shareholders and small parcel holders who did not make an election (<b>Non-Electing Small Parcel Holders<\/b>).\n<\/p>\n<p>\nIneligible foreign shareholders and Non-Electing Small Parcel Holders will have the Scheme consideration that they would have otherwise been entitled to receive issued to a sale agent who will then sell those Piedmont CDIs and remit the proceeds to those shareholders.\n<\/p>\n<p><b>Further information<\/b><\/p>\n<p>\nIf you require further information or have questions, please contact the please contact the Piedmont Scheme Information Line on 1300 218 182 (within Australia) or +61 3 9415 4233 (outside Australia) Monday to Friday between 8:30am and 5:00pm (AEDT).\n<\/p>\n<p>\nThis announcement has been authorized for release by the Company\u2019s Chief Executive Officer.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210518005235r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210518005235\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210518005235\/en\/<\/a><\/span><\/p>\n<p><b>Keith Phillips<br \/>\n<\/b><br \/>President &amp; CEO<br \/>\n<br \/>T: +1 973 809 0505<br \/>\n<br \/>E: <a rel=\"nofollow\" href=\"mailto:kphillips@piedmontlithium.com\">kphillips@piedmontlithium.com<br \/>\n<\/a><\/p>\n<p><b>Brian Risinger<br \/>\n<\/b><br \/>VP &#8211; Investor Relations and Corporate Communications<br \/>\n<br \/>T: +1 704 910 9688<br \/>\n<br \/>E: <a rel=\"nofollow\" href=\"mailto:brisinger@piedmontlithium.com\">brisinger@piedmontlithium.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Australia\/Oceania United States United Kingdom North America Australia Europe New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Automotive General Automotive Other Energy Chemicals\/Plastics Alternative Energy Manufacturing Other Natural Resources Energy Mining\/Minerals Natural Resources<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210518005235\/en\/709123\/3\/logo2.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Piedmont Lithium Announces Implementation of Scheme NEW YORK&#8211;(BUSINESS WIRE)&#8211;Piedmont Lithium Inc. (NASDAQ:PLL, ASX:PLL) (Piedmont or Company) is pleased to advise that the scheme of arrangement (Scheme) to give effect to the re-domiciliation of Piedmont Lithium Limited (Piedmont Australia) from Australia to the United States of America has been implemented. All Piedmont Australia shares have been transferred to Piedmont. The Scheme consideration, comprising Piedmont CDIs and Piedmont shares, has been issued to Piedmont Australia shareholders and Piedmont Australia ADS holders respectively, other than ineligible foreign shareholders and small parcel holders who did not make an election (Non-Electing Small Parcel Holders). Ineligible foreign shareholders and Non-Electing Small Parcel Holders will have the Scheme consideration that they would have otherwise been entitled to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-lithium-announces-implementation-of-scheme\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Piedmont Lithium Announces Implementation of Scheme&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-494750","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Piedmont Lithium Announces Implementation of Scheme - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/piedmont-lithium-announces-implementation-of-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Piedmont Lithium Announces Implementation of Scheme - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Piedmont Lithium Announces Implementation of Scheme NEW YORK&#8211;(BUSINESS WIRE)&#8211;Piedmont Lithium Inc. (NASDAQ:PLL, ASX:PLL) (Piedmont or Company) is pleased to advise that the scheme of arrangement (Scheme) to give effect to the re-domiciliation of Piedmont Lithium Limited (Piedmont Australia) from Australia to the United States of America has been implemented. All Piedmont Australia shares have been transferred to Piedmont. The Scheme consideration, comprising Piedmont CDIs and Piedmont shares, has been issued to Piedmont Australia shareholders and Piedmont Australia ADS holders respectively, other than ineligible foreign shareholders and small parcel holders who did not make an election (Non-Electing Small Parcel Holders). 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