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PAI Shares Suspended as Scheme Converts Holdings into PAXX ETF Units

7:01am on Tuesday 19th of August, 2025 AEST Financial Services
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PAI Shares Suspended as Scheme Converts Holdings into PAXX ETF Units

7:01am on Tuesday 19th of August, 2025 AEST
Key Points
  • PAI shares suspended from ASX trading as of 18 August 2025
  • Federal Court approves scheme of arrangement for share-to-ETF unit exchange
  • All issued PAI shares to be converted into PAXX ETF units
  • Regulatory approval lodged with ASIC enabling the transaction
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