Beach said the issue of new shares in the company to Drillsearch shareholders would take place on Tuesday, with the trading of those new Beach shares to commence on Wednesday.
The merger of the two companies was originally agreed in October last year and saw Drillsearch shareholders receive 1.25 shares in Beach for each share they held in Drillsearch.
The offer valued Drillsearch at about A$384 million (US$273.5
