Results
ASP Isotopes Inc.
12/18/2025 | Press release | Distributed by Public on 12/18/2025 06:34
Regulation FD Disclosure (Form 8-K)
Item 7.01. Regulation FD Disclosure.
On December 18, 2025, ASP Isotopes Inc. (the "Company" or "ASP Isotopes") confirmed that the South African Takeover Regulation Panel has issued a compliance certificate in connection with the scheme of arrangement under South African law pursuant to which ASP Isotopes will offer to acquire all of the issued ordinary shares of JSE-listed Renergen Limited ("Renergen") and Renergen shareholders will receive 0.09196 new ASP Isotopes shares for each Renergen share held on the record date (the "Scheme") and that, as a result, the Scheme can now proceed to implementation.
The remaining salient dates and times for the implementation of the Scheme are set out below:
|
Compliance certificate received from the Takeover Panel on |
Thursday, 18 December 2025 |
|
Scheme Finalisation Date |
Thursday, 18 December 2025 |
|
Scheme Finalisation Date announcement released on SENS by 09:00 SAST and on the ASX by 17:00 AEST on |
Thursday, 18 December 2025 |
|
Application for delisting of Renergen Shares lodged with the JSE and the ASX |
Friday, 19 December 2025 |
|
Public Holiday in South African, Australia and USA |
Thursday, 25 December 2025 |
|
Public Holiday in South African and Australia |
Friday, 26 December 2025 |
|
Last day for Renergen Shareholders to request to reposition securities between the South African Register and the Australian Register to ensure that it is completed before the Scheme JSE LDT |
Monday, 29 December 2025 |
|
Scheme JSE LDT in Renergen Shares on the JSE |
Monday, 29 December 2025 |
|
Trading in Renergen Shares on the JSE to be suspended from commencement of trade on |
Tuesday, 30 December 2025 |
|
Scheme ASX LDT in CDIs on the ASX |
Tuesday, 30 December 2025 |
|
Scheme Consideration Shares listed on the JSE at commencement of trade (09:00 SAST) on (see note 1 below) |
Tuesday, 30 December 2025 |
|
Trading by Scheme Participants recorded in the South African Register in the entitlements to the Scheme Consideration Shares listed on the JSE on 30 December 2025 will only commence at the commencement of trade (09:00 SAST) on (see note 1 below) |
Wednesday, 31 December 2025 |
|
Trading in CDI's on the ASX to be suspended from commencement of trade on |
Wednesday, 31 December 2025 |
|
Public Holiday in South African, Australia and USA |
Thursday, 1 January 2026 |
|
Announcement of the cash value of fractional entitlements pursuant to Scheme, to be released on SENS by 09:00 SAST and on the ASX by 17:00 AEST on (see note 2 below) |
Friday, 2 January 2026 |
|
Scheme Consideration Record Date to be recorded in the Register in order to receive the Scheme Consideration, being 17:00 SAST (in respect of the South African Register) and 19:00 AEST (in respect of the Australian Register) on (see note 1 below) |
Friday, 2 January 2026 |
|
Scheme Implementation Date |
Tuesday, 6 January 2026 |
|
Date of settlement of the Scheme Consideration Shares to Scheme Participants recorded in the South African Register (and thereby having the accounts of the CSDP or Broker of Scheme Participants as applicable, updated with the Scheme Consideration Shares) (see note 1 below) |
Tuesday, 6 January 2026 |
|
Date on which Scheme Participants recorded in the South African Register will receive cash payments arising from fractional entitlements |
Tuesday, 6 January 2026 |
|
Date of issuance of the Scheme Consideration Shares in DRS form to the Scheme Participants holding CDIs on the ASPI register of shareholders maintained in the United States |
Monday, 12 January 2026 |
|
Termination of listing of Renergen Shares on the JSE, A2X and ASX at commencement of trade on or about |
Monday, 12 January 2026 |
|
Expected date on which Scheme Participants holding CDIs will be paid cash payments arising from fractional entitlements |
Tuesday, 13 January 2026 |
| 2 |
Notes:
|
1. |
Due to the cross-border implementation of the settlement of the Scheme Consideration Shares, the ASPI Common Stock to be issued to Scheme Participants recorded in the South African Register under the Scheme will be issued on the ASPI US share register on the Scheme Consideration Record Date plus 1 (one) Business Day (Monday, 5 January 2026at approximately 9:00 NY/ET which is 15:00 SAST) and delivered to Computershare US custody account, which will then only allow the Consideration Shares to be settled to Scheme Participants in South Africa by Strate on the Scheme Consideration Record Date plus 2 (two) Business Days (Tuesday, 6 January 2026). As trades in ASPI Common Stock on the JSE is settled in the electronic settlement system used by Strate, settlement of trades takes place 3 (three) Business Days after the date of such trades, the trading in the entitlements to the ASPI Common Stock (which will be delivered to Scheme Participants recorded in the South African Register) will accordingly only commence on the Scheme JSE LDT plus 2 (two) Business Days (Wednesday, 31 December 2025) despite the listing of such ASPI Common Stock taking place on Scheme JSE LDT plus 1 (one) Business Day (Tuesday, 30 December 2025). |
|
2. |
As previously set out in the Circular, the cash value of fractional entitlements pursuant to the Scheme will be calculated and announced on the Scheme JSE LDT plus 2 (two) Business Days, which deviation from the JSE corporate action timetable was necessitated by the cross-border implementation of the Scheme. |
ASP Isotopes Inc. published this content on December 18, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 18, 2025 at 12:34 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]