On a corporate action affecting ordinary shares of Independent Bank Group, Inc. (IBTX)
On May 17, 2024, Independent Bank Group, Inc. signed a merger agreement under which it will be acquired by SouthState Corporation. Independent Bank Group, Inc. shareholders will receive 0.60 shares of SouthState Corporation for each share of Independent Bank Group, Inc. that they own. Transaction is expected to close on or about January 1, 2025. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.