Brief: Sunniva Announces Implementation Of Plan Of Arrangement
22/06/2021 01:23
June 21 (Reuters) - Sunniva Inc SNN.CD :
* SUNNIVA ANNOUNCES IMPLEMENTATION OF PLAN OF ARRANGEMENT
* SUNNIVA INC -EFFECTIVE JUNE 18, CO & SUBSIDIARIES,
PURSUANT TO
SANCTION ORDER, IMPLEMENTED AMENDED AND CONSOLIDATED PLAN OF
COMPROMISE AND ARRANGEMENT
* SUNNIVA INC - IMPLEMENTED ISSUANCE OF AN AGGREGATE OF
755.8
MILLION COMMON SHARES OF SUNNIVA PURSUANT TO PLAN ( "PLAN
SHARES")
* SUNNIVA INC - ALL OF SECURITIES OF CO, INCLUDING PLAN
SHARES
WILL REMAIN SUBJECT TO CEASE TRADE ORDER
* SUNNIVA INC - WORK ON AUDITS OF COMPANY'S FINANCIAL
STATEMENTS
FOR YEARS ENDED DECEMBER 31, 2019 AND 2020 IS PROGRESSING AHEAD
OF ANTICIPATED SCHEDULE
Source text for Eikon: ID:nCNWJ60hqa
Further company coverage: SNN.CD
((Reuters.Briefs@thomsonreuters.com;))
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