Latest from Axel Weibel from an email received this morning. Doesn't seem like he wants to give holders of AMAVF much positive news..
Only the ordinary shares in Arcam are included in the squeeze out procedure. The so-called ADS (American Depositary Share), representing the right to receive one ordinary share in Arcam are not included and were not supported by Arcam as we are informed. It is still unclear to us if the ticker AMAVF represents an ADS, ADR or an ordinary share. The holders of ordinary shares will receive the price that is determined by the arbitors.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.