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BERMUDA - Ocean Wilsons Holdings Limited (OWH) shareholders have approved the recommended all-share combination with Hansa Investment Company Limited at a Court Meeting held Friday, the company announced in a press release.
The scheme of arrangement received support from 80.5% of voting shares, representing 58.77% of all eligible scheme shares. The resolution was backed by 59 shareholders, constituting 76.62% of those who voted.
Hansa shareholders also approved the necessary resolutions at their general meeting held the same day.
The merger, first announced on July 28, 2025, will see Hansa acquire the entire issued and to be issued share capital of Ocean Wilsons. The transaction remains subject to court sanction at a hearing scheduled for September 22, 2025, in Bermuda.
If approved, trading in Ocean Wilsons shares is expected to be suspended on the London Stock Exchange and Bermuda Stock Exchange from 7:30 a.m. London time on the effective date. The company’s listing will be canceled on both exchanges shortly thereafter.
New Hansa shares will be issued to Ocean Wilsons shareholders following the completion of the merger.
The transaction must be completed by December 31, 2025, which has been set as the long-stop date for the combination.
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