UNMARKETABLE PARCEL SHARE SALE FACILITY – Letter to Eligible Shareholders 

Hygrovest Limited (ACN 601 236 417) (ASX: HGV) (“HGV” or the “Company”) is an Australian-listed specialist investment company which concentrates on producing capital growth for shareholders over the medium term from investments in listed and unlisted equities and debt securities.

HGV Unmarketable Parcel Share Sale Facility – Letter to Eligible Shareholders

HGV announced on 28 April 2023 of a buy-back for holders of less than marketable parcels of shares in HGV (“Buy-Back”). Under the ASX Listing Rules, any shareholding valued at less than $500 is considered to be a ‘less than marketable parcel’ (or ‘unmarketable parcel’) of shares.

The Buy-Back will allow shareholders who hold less than marketable parcels of shares in HGV as at 27 April 2023 (“Eligible Shareholders”) to sell their shares back to HGV at the Buy-Back price of $0.052 per share.

The attached letter and Share Retention Form will be sent to Eligible Shareholders.

Read the full announcement here