Georgeson has been engaged by Samuel, Son & Co., Limited (“Samuel”) to administer an Asset Reunification™ program to search and locate lost former holders of Samuel Manu-Tech Inc. (“SMT”) and reunite such lost holders with their unclaimed cash entitlement.
Why did I receive this website information?
The program website has been provided by Samuel to help ensure that lost shareholders of SMT, receive their rightful cash entitlement.
What happened?
On July 26, 2010 Samuel Manu-Tech Inc. (“SMT”) announced that it had entered into a definitive agreement with its controlling shareholder, Samuel, Son & Co., Limited (“Samuel”) which provided for a proposed transaction in which Samuel would effectively acquire all of the outstanding shares in the capital of SMT that Samuel did not already own for $7.50 CDN cash per common share. The proposed transaction was structured as an amalgamation of a wholly-owned subsidiary of Samuel (“Subco”) with SMT under the laws of the Province of Ontario. The amalgamation was completed on September 9, 2010. Upon completion of the amalgamation, shareholders of SMT (other than Subco) received one redeemable preferred share of Subco for each common share of SMT. Each redeemable preferred share was immediately redeemable for $7.50 CDN in cash. Following the amalgamation, SMT would be a wholly-owned subsidiary of Samuel.
What is a Lost Former Shareholder?
Any shareholder of SMT who has not received their cash entitlement following SMT’s acquisition by Samuel is considered a former shareholder. These former shareholders are “lost” shareholders and have yet to exchange their predecessor SMT share certificates for their $7.50 CDN per share cash entitlement.
What does this mean?
If you were a shareholder of SMT at the time Samuel acquired SMT, you should have exchanged your SMT shares for the cash payment to which you were entitled to as a result of the amalgamation.
How do I claim my entitlement?
To claim your entitlement, you may choose one of the following options:
- Complete the Asset Reunification Form that was sent to you and mail it back to us, using the business reply envelope provided.
- Call us, toll-free at 1-866-585-4248 or collect at 514 982 2390.
"ASSET REUNIFICATION" is a registered trademark of Georgeson Shareholder Communications Canada Inc.