Overview
Announcements

Acquisition | GREEN PLAINS PARTNERS LP | 9th January 2024

Initially announced on May 4, 2023 GREEN PLAINS INC made a cash and stock offer for GREEN PLAINS PARTNERS LP. Under the merger agreement, each outstanding common unit of the GREEN PLAINS PARTNERS LP will be converted into the right to receive 0.405 shares of GREEN PLAINS INC common stock and USD 2 in cash, plus an amount of cash equal to unpaid distributions from the end of the last quarter for which a quarterly distribution was made to the closing date, as determined in accordance with the merger agreement, without interest. This unpaid distribution is calculated as product of USD 0.455 divided by 90 and multiplied by the number of days from the last calendar quarter with respect to which the GREEN PLAINS PARTNERS LP has declared a quarterly cash distribution till the closing date of the Merger and this approximates to USD 0.5. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on January 9, 2024. Trading in shares of GREEN PLAINS PARTNERS LP is expected to be halted effective January 9, 2024.

  • GREEN PLAINS PARTNERS LP will be removed from the Index.
  • The weight of GREEN PLAINS PARTNERS LP (GPP.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
  • Effective Date (open): 09/01/2024

Solactive Junior MLP Composite Index

  • GREEN PLAINS PARTNERS LP will be removed from the Index.
  • The shares of GREEN PLAINS INC (GPRE.OQ) will be increased according to the stock terms of the transaction.
  • The cash portion of the transaction will be distributed pro rata to remaining Index constituents.
  • Effective Date (open): 09/01/2024

Solactive US Extended Broad Market Index (GTR)