Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
St George Bank Ltd , in the matter of St George Bank Ltd (No 2) [2008] FCA 1850
IN THE MATTER OF ST GEORGE BANK LIMITED (ACN 055 513 070)
NSD 1416 of 2008
LINDGREN J
17 NOVEMBER 2008
SYDNEY
IN THE FEDERAL COURT OF AUSTRALIA
NEW SOUTH WALES DISTRICT REGISTRY NSD 1416 of 2008
IN THE MATTER OF ST GEORGE BANK LIMITED (ACN 055 513 070) BETWEEN: ST GEORGE BANK LIMITED (ACN 055 513 070)
Plaintiff
JUDGE: LINDGREN J
DATE OF ORDER: 17 NOVEMBER 2008
WHERE MADE: SYDNEY
THE COURT ORDERS THAT:
1. The Plaintiff has leave to file in Court the affidavit of Jeremy Wei Shern Low sworn 17 November 2008 and the affidavit of Richard Willcock affirmed 17 November 2008. 2. Pursuant to section 411(4)(b) of the Corporations Act 2001 (Cth) (Act): (a) the scheme of arrangement between all holders of fully paid ordinary shares of the Plaintiff (excluding Westpac Banking Corporation (Westpac) and any of its Related Bodies Corporate as defined in the Act in respect of shares in which any of those companies has a beneficial interest) and the Plaintiff; (b) the scheme of arrangement between all holders of non-cumulative, redeemable and convertible preference shares of the Plaintiff known as "SAINTS" (SAINTS) (excluding Westpac and any of its Related Bodies Corporate as defined in the Act in respect of SAINTS in which any of those companies has a beneficial interest) and the Plaintiff; and (c) the scheme of arrangement between all holders of options acquired under the "Executive Performance Share Plan" of the Plaintiff (each an Award Option) (excluding those Award Option holders who have entered into a Deed of Cancellation in respect of those Award Options) and the Plaintiff, (together, the Schemes), each in the form set out in the explanatory statement entitled "Scheme Booklet" provided to the Court on 29 September 2008 and marked "Exhibit AA" (the Scheme Booklet), be approved. 3. Pursuant to section 411(12) of the Act, the Plaintiff be exempt from compliance with section 411(11) of the Act in relation to the Schemes. 4. These orders be entered forthwith. 5. Westpac have liberty to apply at 3 days' notice. IN THE FEDERAL COURT OF AUSTRALIA
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate