Calibre Partners releases its expert determination – Rural Equities Limited
Published 3 April 2025
On 25 February 2025, the Panel determined that Calibre Partners (Calibre) should be appointed as the independent expert to determine the fair and reasonable value of the outstanding shares in Rural Equities Limited (REL) for the purposes of the compulsory acquisition provisions under the Takeovers Code (the Code).
In accordance with rule 57(3) of the Code, H&G Limited referred the consideration to be provided for the outstanding REL shares to Calibre for expert determination.
On 2 April 2025, Calibre released its expert determination. A copy of the determination is attached to this release.
- Tags:
- determination
- rule 57
