STOCK TITAN

RETAIL HOLDINGS N.V. - IN LIQUIDATION TO MAKE FINAL DISTRIBUTION

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Retail Holdings N.V. - In Liquidation (Symbol: RHDGF) has announced a final distribution of $0.16 per share to be paid on August 20, 2024. This distribution comes after the company entered voluntary liquidation on March 31, 2023. The payment was made possible as most potential claims, primarily for past unclaimed distributions, did not materialize before their survival period expired.

The Liquidator, Ms. Ramona Alfred, emphasized that this is the final distribution to shareholders. Although the complete liquidation process may take several years, shareholders will not receive any further distributions or benefits. Consequently, the shares will have no economic value after August 20, 2024. Investors are strongly cautioned against trading the company's shares after this date due to substantial investment risk.

Retail Holdings N.V. - In Liquidazione (Simbolo: RHDGF) ha annunciato una distribuzione finale di $0.16 per azione che sarà versata il 20 agosto 2024. Questa distribuzione avviene dopo che la società è entrata in liquidazione volontaria il 31 marzo 2023. Il pagamento è stato reso possibile in quanto la maggior parte delle potenziali richieste, soprattutto per le distribuzioni passate non richieste, non si sono materializzate prima della scadenza del loro periodo di validità.

Il Liquidatore, la signora Ramona Alfred, ha sottolineato che questa è la distribuzione finale agli azionisti. Anche se l'intero processo di liquidazione potrebbe richiedere diversi anni, gli azionisti non riceveranno ulteriori distribuzioni o benefici. Di conseguenza, le azioni non avranno alcun valore economico dopo il 20 agosto 2024. Gli investitori sono fortemente avvisati contro il trading delle azioni della società dopo questa data a causa del significativo rischio di investimento.

Retail Holdings N.V. - En Liquidación (Símbolo: RHDGF) ha anunciado una distribución final de $0.16 por acción que se pagará el 20 de agosto de 2024. Esta distribución se produce después de que la empresa entrara en liquidación voluntaria el 31 de marzo de 2023. El pago fue posible ya que la mayoría de las posibles reclamaciones, principalmente por distribuciones no reclamadas en el pasado, no se materializaron antes de que expirara el período de supervivencia.

El Liquidador, la Sra. Ramona Alfred, enfatizó que esta es la distribución final a los accionistas. Aunque el proceso completo de liquidación podría tardar varios años, los accionistas no recibirán más distribuciones ni beneficios. Como resultado, las acciones tendrán ningún valor económico después del 20 de agosto de 2024. Se advierte a los inversores que no deben comerciar las acciones de la empresa después de esta fecha debido a un riesgo de inversión considerable.

리테일 홀딩스 N.V. - 청산 중 (기호: RHDGF)는 최종 배당금으로 주당 $0.16을 2024년 8월 20일에 지급한다고 발표했습니다. 이 배당금은 회사가 2023년 3월 31일에 자발적 청산을 시작한 후 이루어졌습니다. 대부분의 잠재적 청구(주로 과거 미청구 배당금)는 생존 기간이 만료되기 전에 발생하지 않았기 때문에 지급이 가능했습니다.

청산인인 라모나 알프레드 여사는 이것이 주주에게 지급되는 최종 배당금이라고 강조했습니다. 전체 청산 과정은 여러 해가 걸릴 수 있지만, 주주들은 추가 배당금이나 혜택을 받지 못할 것입니다. 따라서 주식은 2024년 8월 20일 이후로 경제적 가치가 없게 됩니다. 투자자들은 이 날짜 이후 회사의 주식을 거래하지 않도록 강력히 권고받고 있으며, 이는 상당한 투자 위험이 있습니다.

Retail Holdings N.V. - En liquidation (Symbole : RHDGF) a annoncé une distributions finale de 0,16 $ par action qui sera versée le 20 août 2024. Cette distribution intervient après que l'entreprise a entamé une liquidation volontaire le 31 mars 2023. Le paiement a été rendu possible car la plupart des réclamations potentielles, principalement pour des distributions passées non réclamées, ne se sont pas matérialisées avant l'expiration de leur période de validité.

Le liquidateur, Mme Ramona Alfred, a souligné qu'il s'agit de la distribution finale aux actionnaires. Bien que l'ensemble du processus de liquidation puisse prendre plusieurs années, les actionnaires ne recevront aucune autre distribution ni aucun avantage. En conséquence, les actions n'auront aucune valeur économique après le 20 août 2024. Les investisseurs sont fortement avertis de ne pas négocier les actions de la société après cette date en raison d'un risque d'investissement important.

Retail Holdings N.V. - In Liquidation (Symbol: RHDGF) hat eine abschließende Ausschüttung von $0.16 pro Aktie angekündigt, die am 20. August 2024 ausgezahlt wird. Diese Ausschüttung erfolgt, nachdem das Unternehmen am 31. März 2023 in freiwillige Liquidation gegangen ist. Die Zahlung war möglich, da die meisten potenziellen Ansprüche, hauptsächlich für zuvor nicht beanspruchte Ausschüttungen, nicht vor Ablauf ihrer Überlebensfrist geltend gemacht wurden.

Die Liquidatorin, Frau Ramona Alfred, betonte, dass dies die abschließende Ausschüttung an die Aktionäre ist. Obwohl der gesamte Liquidationsprozess mehrere Jahre in Anspruch nehmen kann, werden die Aktionäre keine weiteren Ausschüttungen oder Vorteile erhalten. Infolgedessen haben die Aktien nach dem 20. August 2024 keinen wirtschaftlichen Wert mehr. Investoren wird dringend geraten, nach diesem Datum nicht mehr mit den Aktien des Unternehmens zu handeln, da erhebliche Investitionsrisiken bestehen.

Positive
  • Final distribution of $0.16 per share to be paid on August 20, 2024
  • Most potential claims did not materialize, allowing for the distribution
Negative
  • Company is in liquidation process
  • Shares will have no economic value after August 20, 2024
  • No further distributions or benefits for shareholders after the final payment

WILLEMSTAD, Curacao, July 31, 2024 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) On March 31, 2023, Retail Holdings N.V. (now known as Retail Holdings NV – In Liquidation) (the "Company") entered into voluntary liquidation in Curacao, the Company's legal domicile.

Ms.  Ramona Alfred, a Curacao resident, was appointed as Liquidator to be assisted by Antillean Management Corporation N.V. as Administrator.

It was not possible at that time for the Company to pay a final distribution to Shareholders as potential claims, primarily for past unclaimed distributions, were in excess of cash on hand. Most of these potential claims did not materialize prior to the expiration of their survival period, allowing the Company to now pay a final distribution.

The Liquidator today announced that a final distribution of $0.16 per Share will be paid to holders of the Company's common shares, with an effective date of August 20, 2024. The distribution will be funded by cash on hand.

The Liquidator advised that the distribution is a final distribution.  Although the ultimate liquidation of the Company will not occur for several years, until the survival period of certain remaining potential claims expire, the Company's Shareholders will not receive any further distributions or other benefits. Consequently, the Shares will have no economic value to Shareholders after August 20, 2024. Investors who, nevertheless, may wish to trade the Company's shares after August 20, 2024 do so at very substantial risk to their investment.

For additional information please contact your broker or contact the Company, Retail Holdings N.V. – In Liquidation , The Liquidator c/o Antillean Management Corporation N.V. , Kaya W.F.G. (Jombi), Mensing 36, Willemstad, Curacao.

Cision View original content:https://www.prnewswire.com/news-releases/retail-holdings-nv----in-liquidation-to-make-final-distribution-302211153.html

SOURCE Retail Holdings N.V.

FAQ

What is the final distribution amount for Retail Holdings N.V. (RHDGF) shareholders?

The final distribution amount for Retail Holdings N.V. (RHDGF) shareholders is $0.16 per share.

When will the final distribution for Retail Holdings N.V. (RHDGF) be paid?

The final distribution for Retail Holdings N.V. (RHDGF) will be paid on August 20, 2024.

Will Retail Holdings N.V. (RHDGF) shares have any value after the final distribution?

No, Retail Holdings N.V. (RHDGF) shares will have no economic value after the final distribution on August 20, 2024.

When did Retail Holdings N.V. (RHDGF) enter into voluntary liquidation?

Retail Holdings N.V. (RHDGF) entered into voluntary liquidation on March 31, 2023.

RETAIL HOLDINGS NV ORD

OTC:RHDGF

RHDGF Rankings

RHDGF Latest News

RHDGF Stock Data

583.19k
0.03%
Electronics & Computer Distribution
Technology
Link
United States of America
Willemstad