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Viterra Inc.: Viterra CDIs Begin Trading on Australian Securities Exchange


🞛 This publication is a summary or evaluation of another publication
CALGARY, ALBERTA--(Marketwire - Sept. 14, 2009) - Following the approval of the ABB Grain Ltd. (ABB) Scheme of Arrangement (as described in ABB's Scheme booklet dated 30 July 2009) by the Federal Court of Australia on 10 September 2009, Viterra Inc. (Viterra) (TSX:VT) (ASX:VTA) is pleased to announce that its Australian-listed CHESS Depositary Interests (CDIs) began trading on the Australian Securities Exchange (ASX) on a deferred settlement basis on 14 September 2009.
Anticipated key dates are as follows:
----------------------------------------------------------------------------
Event Date
----------------------------------------------------------------------------
Commencement of trading in Viterra CDIs on
the ASX on a deferred settlement basis 14 September 2009
----------------------------------------------------------------------------
Last day of trading in Viterra CDIs on the
ASX on a deferred settlement basis 28 September 2009
----------------------------------------------------------------------------
Last date for despatch of holding statements
for Viterra CDIs 28 September 2009
----------------------------------------------------------------------------
Commencement of trading in Viterra CDIs on the
ASX on a normal settlement basis 29 September 2009
----------------------------------------------------------------------------
ABB Grain Shareholders who trade in Viterra CDIs during the deferred settlement period and prior to receiving their holding statements do so at their own risk. For additional information about their entitlements under the Scheme, ABB Grain Shareholders can call 1 300 820 796 or +61(3) 9415 4606 for callers outside Australia.
The above times and dates are indicative only. Any changes to the timetable will be posted to ABB Grain's and Viterra's respective websites at [ www.abb.com.au ] and [ www.viterra.ca ].
Forward-Looking Information
This release contains forward looking statements that involve certain risks and uncertainties which could cause actual results and anticipated transaction benefits to differ materially from future results and anticipated benefits expressed or implied by such statements. Important factors that could affect these statements include, without limitation, weather conditions; producer's decisions regarding total planted acreage, crop selection, and utilization levels of farm inputs such as fertilizers and pesticides; grain export levels; changes in government policy and transportation deregulation; world agricultural commodity prices and markets; changes in competitive forces including pricing pressures; and global political and economic conditions, including grain subsidy actions of the United States and European Union.
About Viterra
Viterra Inc. is Canada's leading agribusiness, with extensive operations and distribution capabilities across Western Canada, and with operations in the United States, Japan, Singapore and Geneva. The Company is diversified into sales and services of crop inputs and equipment, grain handling and marketing, livestock feed, agri-food processing and financial products. These operations are complemented by value-added businesses and strategic alliances, which allow Viterra to leverage its pivotal position between Prairie farmers and destination customers. The Company's common shares are listed on the TSX under the symbol VT.
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