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Matrix Board Unanimously Backs $0.40 Cash Scheme from Advanced Innergy
9:06am on Monday 20th of April, 2026 AEST
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Matrix Board Unanimously Backs $0.40 Cash Scheme from Advanced Innergy
9:06am on Monday 20th of April, 2026 AEST
Key Points
Advanced Innergy to acquire 100% of Matrix via Scheme of Arrangement
$0.40 cash per share offer represents 63-68% premium over undisturbed prices
Matrix Board unanimously recommends the Scheme, subject to Independent Expert
AIH holds call options over 19.9% of Matrix shares ahead of Scheme approval
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Matrix Composites & Engineering (ASX:MCE)
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