I've just realised that the publication of the Scheme Document on September 16th wasn't remarked on at all here... It's obtainable from
https://www.greeneking.co.uk/investor-c ... ash-offer/ - you'll need to accept a disclaimer and then scroll down some 25-30 entries in the list of documents to locate it.
Not saying that anyone necessarily has to want to look at it - like all such documents, it's pretty long (though at 123 pages, it's probably one of the shorter ones I've encountered!) and it contains lots of detail an ordinary individual share definitely doesn't need, while what they might need is quite often said repeatedly in slightly different contexts... But such documents do usually have a "Taxation" section that can be very useful for anyone who needs to know the normal tax treatment of a corporate action, so can be usefully downloaded and a copy saved for future reference (note that when it's a takeover, there is no guarantee how long after the takeover goes through the Scheme Document will continue to be easily available from the company website). In this case, that section confirms that the normal UK tax treatment is just the standard CGT treatment (and also that no stamp duty is due, but that is of course only of interest to the acquirer as the effective buyer of the shares).
The other point people might want to note about this is that it contains details of the company and Court meetings to get shareholder approval for the takeover. Anyone who holds the shares as a certificate or in a CREST account has hopefully already been told about the Scheme Document and the meetings by the company, including being sent proxy voting forms, but nominee account providers are under no legal obligation to inform the accountholders about such matters (other than any their own terms & conditions might impose). Nominee account providers do vary significantly with regard to what they do in practice - some say nothing between the time the takeover offer is announced (which can be up to 4 weeks before the Scheme Document becomes available) and the time it is definitely going through (which is after the shareholder meetings have happened), others have an online system to collect votes for all shareholder meetings, and there are others who handle them in intermediate ways between those two...
Anyway, the company deadline for proxy votes is on the morning of Monday October 7th. Nominee broker deadlines will probably be a few trading days earlier - so if anyone holds Greene King shares in a nominee account, wants to vote them and hasn't done so yet, there's still time but not much...
Note I am
not saying that people ought to want to vote - that's their decision, not mine! I'm just saying this to alert any who does want to but is in danger of letting the chance slip by to the situation... Nor am I saying that nominee brokers will necessarily be willing to pass their accountholders' votes on to the company, nor that they won't charge for the service - AFAIAA, those are matters for the individual broker's policy and terms & conditions (except that IIRC, they have to be willing to pass the votes on in the case of ISA accounts).
Gengulphus