Symbio Holdings Limited (SYM.AX) Implementation of Scheme
Symbio Holdings Limited (ASX:SYM) is pleased to announce that the Scheme of Arrangement between Symbio and its shareholders which was approved by the relevant Symbio shareholders on 7 February 2024 and the Federal Court of Australia on 16 February 2024 ("Scheme") has been implemented. Unless otherwise indicated, capitalised terms used in this announcement but not separately defined have the meaning given to them in the Scheme Booklet released to the ASX on 22 December 2023 ("Scheme Booklet").
Scheme Participants have today been paid:
- the Scheme Consideration for each Symbio share they held at 5:00pm (Sydney time) on 21 February 2024 (being the Scheme Record Date); and
- the Agreed Dividend for each Symbio share they held at 5:00pm (Sydney time) on 19 February 2024 (being the Agreed Dividend Record Date).
Delisting of Symbio
As previously announced, trading in Symbio shares was suspended from close of trading on 19 February 2024.
Symbio intends to apply for its removal from quotation on the official list of ASX with effect from close of trading on 29 February 2024.
Miki Kando Executive Assistant to CEO and CTO Phone: +61-422-832-852 Email: investor@symbio.global Michelle Loh Cannings Strategic Communications T: +61 497 834 937 E: mloh@canningscomms.com.au
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