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  News - 15 October 2009

Elders Shareholders Approve Recapitalisation Proposal

Elders' shareholders today unanimously voted in support of the boards $550 million recapitalisation proposal at an Extraordinary General Meeting in Adelaide.

Separate resolutions for a fully underwritten $400 million conditional placement to institutions and a $150 million Share Purchase Plan were both approved by over 80% of voters.

Read more on the announcement

 
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