Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

Sirius Minerals plc (SXX) Ordinary GBP 0.0025

Sell:5.21p Buy:5.27p 0 Change: 0.045p (0.87%)
Market closed Prices as at close on 21 February 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

Sirius Minerals plc Ordinary GBP 0.0025

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 12 Feb 2020)

What is happening?

 

Sirius Minerals plc is seeking Shareholder approval for a recommended cash acquisition by Anglo American plc, who have offered 5.5p in cash for each Sirius Minerals plc Share held.

 

You can vote

 

The Scheme is subject to Shareholder approval at a General Meeting and Court Meeting both being held on Tuesday 3 March 2020 and Court approval at a Hearing expected to be held before Friday 20 March 2020. To vote please submit an instruction below before our noon on Wednesday 26 February 2020 deadline.

 

The Scheme will be approved if Shareholders who represent a majority in number and hold at least 75% in the value of the Shares voted, vote in favour. If it’s approved, all Shareholders will receive cash in place of their Sirius Minerals plc Shares irrespective of if or how they voted. The Scheme is expected to become effective by Tuesday 31 March 2020 with the resulting cash proceeds expected within two weeks of the Effective Date. 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:5.21p
Buy:5.27p
Change: 0.045p (0.87%)
Market closed Prices as at close on 21 February 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

Sirius Minerals plc Ordinary GBP 0.0025

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 12 Feb 2020)

What is happening?

 

Sirius Minerals plc is seeking Shareholder approval for a recommended cash acquisition by Anglo American plc, who have offered 5.5p in cash for each Sirius Minerals plc Share held.

 

You can vote

 

The Scheme is subject to Shareholder approval at a General Meeting and Court Meeting both being held on Tuesday 3 March 2020 and Court approval at a Hearing expected to be held before Friday 20 March 2020. To vote please submit an instruction below before our noon on Wednesday 26 February 2020 deadline.

 

The Scheme will be approved if Shareholders who represent a majority in number and hold at least 75% in the value of the Shares voted, vote in favour. If it’s approved, all Shareholders will receive cash in place of their Sirius Minerals plc Shares irrespective of if or how they voted. The Scheme is expected to become effective by Tuesday 31 March 2020 with the resulting cash proceeds expected within two weeks of the Effective Date. 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:5.21p
Buy:5.27p
Change: 0.045p (0.87%)
Market closed Prices as at close on 21 February 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

Sirius Minerals plc Ordinary GBP 0.0025

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 12 Feb 2020)

What is happening?

 

Sirius Minerals plc is seeking Shareholder approval for a recommended cash acquisition by Anglo American plc, who have offered 5.5p in cash for each Sirius Minerals plc Share held.

 

You can vote

 

The Scheme is subject to Shareholder approval at a General Meeting and Court Meeting both being held on Tuesday 3 March 2020 and Court approval at a Hearing expected to be held before Friday 20 March 2020. To vote please submit an instruction below before our noon on Wednesday 26 February 2020 deadline.

 

The Scheme will be approved if Shareholders who represent a majority in number and hold at least 75% in the value of the Shares voted, vote in favour. If it’s approved, all Shareholders will receive cash in place of their Sirius Minerals plc Shares irrespective of if or how they voted. The Scheme is expected to become effective by Tuesday 31 March 2020 with the resulting cash proceeds expected within two weeks of the Effective Date. 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Sirius Mineral Plc is a United Kingdom-based resource development company. The Company is focused on the development of a polyhalite deposit located in North Yorkshire, the United Kingdom. The Company's focus is on developing a multi-nutrient product, POLY4, to be used as a direct-application fertilizer and as a component in nitrogen, phosphorus and potassium (NPK) blending. It has developed a granulation process, which enables polyhalite to be processed without the use of chemicals, into a form beneficial for plant nutrient uptake. The Woodsmith mine is located near Whitby, North Yorkshire. Polyhalite is an evaporite mineral comprising a natural combination of four of the six macro-nutrients that are essential to plant growth, potassium, sulfur, magnesium and calcium.The Company's POLY4 product is available in granulated, powdered or chipped form to meet the needs of its customers, taking into account their crop needs, blending requirements, application method and soil conditions.

Contact details

Address:
3rd Fl, Greener House, 68 Haymarket
LONDON
SW1Y 4RF
United Kingdom
Telephone:
+44 (020) 33273660
Website:
siriusminerals.com/

Important dates

Future events
There are no future events available.
Past events
Interim results 17 September 2019 17/09/19
AGM 13 June 2019 13/06/19
General meeting 21 May 2019 21/05/19
Annual report 30 April 2019 30/04/19
Final results 30 April 2019 30/04/19

General stock information

EPIC:
SXX
ISIN:
GB00B0DG3H29
Market cap:
£365.05 million
Shares in issue:
7.02 billion
Sector:
Chemicals
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
FTSE All Share,FTSE Small Cap

Key personnel

  • Christopher Fraser
    Chief Executive Officer, Managing Director, Executive Director
  • Thomas Staley
    Chief Financial Officer, Finance Director
  • Nicholas King
    General Counsel, Secretary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.