Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Singapore
  4. Singapore Stock Exchange
  5. Noble Group Limited
  6. News
  7. Summary
    CGP   BMG6542T1505

NOBLE GROUP LIMITED

(CGP)
SummaryChartsNewsCalendarCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Noble : Deadline on 19 December 2020 for Completion of the Allocation Process to Receive Shares of Noble Group Holdings Limited

12/11/2020 | 10:22am EDT

The Board of Directors ('Board') of Noble Group Holdings Limited ('Noble Holdings') would like to remind shareholders of Noble Group Limited, in liquidation ('Old Noble') who successfully registered with Lucid Issuer Services Limited ('Lucid') prior to the registration deadline on 19 June 2020 in relation to their entitlement to receive shares of Noble Holdings, that they must complete the remaining steps of the allocation process before the allocation deadline ('Allocation Deadline') on 19 December 2020 or they will lose their right to receive shares of Noble Holdings pursuant to the Court approved restructuring of Old Noble.

The Entitlement to Shares Following the Registration Deadline

To complete the allocation process before the Allocation Deadline on 19 December 2020, Shareholders of Old Noble who successfully registered with Lucid before the Registration Deadline on 19 June 2020 are required to complete the confirmation letter (a legal requirement) and provide proof of identity and proof of address.

Once the confirmation letter, proof of identity and proof of address are completed and uploaded, Lucid will verify the details and, if successfully verified and the identity and address details do not breach the legal restrictions on allocation to certain persons and in certain jurisdictions (inter alia, U.S.A and Malaysia), Lucid will allocate the Noble Holdings shares to the shareholder of Old Noble in their Fluyd Connect account and the allocation process will be complete.

Helpdesk and Further Enquiries

Shareholders of Old Noble who have successfully registered with Lucid before the Registration Deadline on 19 June 2020 are also reminded that, should they have any query or need any assistance with regard to the share registration process, or encounter any difficulties in relation to the same, apart from contacting Lucid via email (nghl@lucid-is.com), they may also contact Noble Holdings' Singapore Helpdesk for further assistance: Telephone: +65 6305 4839/ +65 6305 4838 Email: https://www.noblegroupholdings.com/singapore-helpdesk/

The physical Singapore Helpdesk closed on 19 June 2020, although telephone assistance (on the numbers listed above) will continue until 19 December 2020 to assist persons who have registered before the Registration Deadline on 19 June 2020 with the allocation process.

The Singapore Helpdesk will cease to operate after 19 December 2020 and calls will no longer be answered on the numbers above. However, shareholders of Noble Holdings will still be able to contact Lucid via email as set out above. Shareholders of Noble Holdings may also contact Noble Holdings' Investor Relations Team via the Noble Holdings website at: https://www.noblegroupholdings.com/contact-us/

When using the contact form at this website, shareholders of Noble Holdings should use the subject 'Investor Relations' in the drop-down menu when completing the contact form with details of their enquiry.

Allocation Progress

The Board notes that by 8 December 2020, shareholders of Old Noble entitled to receive over 90% of the shares of Noble Holdings, to which shareholders of Old Noble were entitled under the terms of the Court approved restructuring, have successfully completed the allocation process and been allocated shares of Noble Holdings into their secure online Fluyd Connect share accounts.

Steps Taken by Noble Holdings and Old Noble

The Board would remind shareholders of Old Noble who have yet to complete the allocation process that Noble Holdings and Old Noble have made extensive efforts to ensure that all entitled shareholders of Old Noble are aware of the allocation process and the Registration Deadline on 19 June 2020 and the Allocation Deadline on 19 December 2020. Those steps included: Announcements on the website of Noble Holdings and released through the SGX on 20 December 2018, 31 January 2019, 29 July 2019, 18 September 2019, 9 December 2019, 16 December 2019, 17 January 2020, 6 February 2020, 17 March 2020, 5 June 2020, 22 June 2020 and 3 November 2020.

Press advertisements released in the Singapore press on 31 January 2019 and 11 March 2019

A postcard sent to the last known address of all relevant shareholders of Old Noble on 11 March 2019

A reminder sent by the SGX on 2 December 2019

Noble Holdings also issued a detailed guide explaining the registration process on 18 September 2019 and a 'Frequently Asked Questions' guide on 16 December 2019. Finally, Noble Holdings established the physical helpdesk and telephone line in Singapore in early January 2020 to assist shareholders of Old Noble to register and complete the process to receive their allocation of shares of Noble Holdings. That physical helpdesk was open until 19 June 2020. The initial Registration Deadline on 19 December 2019 was extended to 19 March 2020 and further extended to 19 June 2020 to assist entitled shareholders of Old Noble and give them more time to register.

Final Allocation Deadline

In view of the extensive steps taken by both Noble Holdings and Old Noble referred to above, the Allocation Deadline will not be extended beyond 19 December 2020.

About Noble Group Holdings Limited

Noble Group Holdings Limited ('Noble Holdings') is Asia's leading independent energy products and industrial raw materials supply chain manager. Noble Group Holdings Limited is the parent of the Noble group of companies which underwent a restructuring in the second-half of 2018 and which returned to profitability in the first-quarter of 2019. Noble Holdings operates in the supply chain of energy raw materials, technology metals, special ores and industrial minerals, and base metals, and is supported by its freight and logistics operations. It is rapidly moving into alternative energy and renewables-related businesses. Noble Holdings leverages its extensive regional network to facilitate the marketing, processing, financing and transportation of these raw materials, predominantly in Asia. It also provides supply chain and risk management services to clients. Noble Group Limited, the former holding company of the group (which was previously listed in Singapore) but which is now unrelated to Noble Holdings following the restructuring, is undergoing a winding up process in Bermuda.

Contact:

Alastair Hetherington

Tel: +44 207 251 3801

Email: noble@finsbury.com

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about NOBLE GROUP LIMITED
08/26NOBLE : UPDATE – Major Fire at Jamalco's Powerhouse
PU
08/23NOBLE : Major Fire at Jamalco's Powerhouse
PU
08/06MKANGO RESOURCES : to Acquire 100% of Both the Songwe Hill Rare Earths Project and Maginit..
AQ
06/30NOBLE : Trading Co and Asset Co Guidance FY2020, Q1 and Q2 2021
PU
06/28NOBLE : Bond Interest Payment Announcement
AQ
06/25NOBLE : Bond Interest Payment Announcement
PU
06/14NOBLE : Changes To The Board Of Directors
PU
06/11Exxon losing veteran oil traders recruited during past expansion -sources
RE
04/09PREMIER OIL : Noble Group Holdings Limited - Further Update on Harbour Energy
AQ
03/29NOBLE : Extension of Commited Trade Finance Facility
AQ
More news
Chart NOBLE GROUP LIMITED
Duration : Period :
Noble Group Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
William James Randall Chief Executive Officer & Executive Director
Paul Alan Jackaman Group Chief Financial Officer
Neil Dhar Chief Operating Officer
Fraser James Pearce Independent Non-Executive Director
Wen Yan Ma Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
NOBLE GROUP LIMITED0.00%68
MITSUBISHI CORPORATION40.34%47 441
ITOCHU CORPORATION12.85%44 776
MITSUI & CO., LTD.30.56%36 246
ADANI ENTERPRISES LIMITED219.42%22 785
SUMITOMO CORPORATION18.20%18 180