Mineral Resources Limited (ASX: MIN) refers to its off-market takeover bid (Offer) to acquire all the issued fully paid ordinary shares in Norwest Energy NL (ASX: NWE) that it does not already own.
The offer is unconditional and MinRes currently has voting power in Norwest of approximately 63%.
The MinRes board has declared a fully franked interim dividend for FY23 of $1.20 per share.
Norwest shareholders who accept MinRes’ Offer have the opportunity to receive this dividend. The dividend is due to be paid on March 30 to shareholders on the MinRes register at March 10.
To be eligible to receive this dividend, Norwest shareholders will need to accept the offer no later than February 27. This is to allow time for the processing of acceptances and issuing of the MinRes shares due as consideration under the offer.
Norwest shareholders who accept the offer after February 27 will not receive the interim dividend.
Completed acceptance forms can be emailed to email@example.com. Norwest shareholders who have questions in relation to the offer or require replacement transaction documents can telephone the MinRes Offer Information Line on 1300 916 995 or +61 3 9415 4653.