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Clean Seas Shareholders Back Yumbah Takeover in Pivotal Scheme Vote
12:32pm on Tuesday 8th of July, 2025 AEST
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Aquaculture
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Clean Seas Shareholders Back Yumbah Takeover in Pivotal Scheme Vote
12:32pm on Tuesday 8th of July, 2025 AEST
Key Points
Scheme meeting held on 8 July 2025 with shareholder approval sought
Yumbah to acquire 100% of Clean Seas shares via scheme of arrangement
Default cash consideration of $0.14 per share or scrip alternative offered
Independent Board Committee unanimously recommends approval based on cash offer
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