"We will, of course, maintain a strong presence in the Australian market via a continued ASX listing, reflecting the strong support we have received from Australian institutional and individual shareholders over the past several years." Scheme implementation Piedmont has entered into a scheme implementation deed with Piedmont Lithium Inc, a newly-formed Delaware corporation, which will become the ultimate parent company of the Piedmont group of companies following the implementation of the scheme. Under the scheme: ➢ Piedmont ordinary shareholders will be entitled to receive one CDI in Piedmont USA for each ordinary share Piedmont share hold on the scheme record date.