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Soul Patts and Brickworks Launch Conditional Share Placement Ahead of Merger

7:02pm on Tuesday 1st of July, 2025 AEST Financials
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Soul Patts and Brickworks Launch Conditional Share Placement Ahead of Merger

7:02pm on Tuesday 1st of July, 2025 AEST
Key Points
  • Conditional placement of 14 million Topco shares with UBS AG
  • Repurchase of up to 100% of $450 million Senior Unsecured Convertible Notes due 2030
  • Placement contingent on approval of merger schemes between Soul Patts and Brickworks
  • Reverse bookbuilding process to determine repurchase price and volume
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