|Information was posted on May 14, 2012 |
URS Corporation (NYSE: URS) and Flint Energy Services Ltd. (TSX: FES) announced on May 14, 2012, the closing of the previously announced plan of arrangement (the "Arrangement") involving Flint, URS Canada Holdings Ltd. (the "Acquiror"), a wholly-owned subsidiary of URS, and the shareholders and optionholders of Flint under the Business Corporations Act (Alberta).
The Arrangement resulted in the Acquiror acquiring all of the issued and outstanding common shares of Flint ("Shares") in exchange for C$25.00 per Share in cash and all of the outstanding options to purchase Shares being surrendered to Flint. The shares will be delisted from the Toronto Stock exchange as soon as possible.
The depositary for the Arrangement, Computershare Investor Services Inc. (“Computershare”), will arrange for the cash payments to be made in Canada to CDS Clearing and Depository Services Inc., and in the United States, to The Depository Trust and Clearing Corporation. These moneys will be paid to you through the financial institution or brokerage account in which your beneficially owned Shares are being held as of the closing date of the transaction. You will receive confirmation of the receipt of the cash payment for your Shares, in return for the surrender of your Shares, from your financial institution or broker within the next 7 to 10 business days of the close of the transaction.
If you are the registered holder of the Shares, you will have previously received information to send your Share certificates and a letter of transmittal to Computershare for payment. Computershare will send you payment for your Shares provided they have received your Share certificates and completed letter of transmittal. If you have not received previous communications from Computershare concerning this, please contact Computershare at the following:
By Hand, by Courier or by Registered Mail: