Latest Schemes Of Arrangement News

Matrix Composites & Engineering has sent out its Scheme Booklet to shareholders as part of the proposed acquisition by Advanced Innergy Solutions. The key shareholder meeting is set for 6 July 2026, with directors unanimously backing the deal subject to conditions.

Amaero Ltd secured strong shareholder approval for its US re-domiciliation schemes and a director option grant at virtual meetings held on 5 June 2026.

Matrix Composites & Engineering has lodged its Scheme Booklet with ASIC, setting the stage for a July shareholder vote on its proposed acquisition by Advanced Innergy Holdings. The deal, backed by an Independent Expert and the Matrix board, awaits court approval and shareholder endorsement.

The Supreme Court of New South Wales has approved schemes of arrangement that transfer Nova Minerals' ownership to a new US holding company, with ASX trading set to suspend immediately.

Matrix Composites & Engineering has secured Federal Court approval to hold a shareholder meeting on 6 July 2026 to vote on Advanced Innergy's full acquisition scheme. The court also approved the release of a Scheme Booklet, which includes an Independent Expert's report endorsing the deal as fair and reasonable.

Qoria Limited has dispatched its Scheme Booklet to shareholders detailing the proposed acquisition by Aura Consolidated Group. While the independent expert finds the deal not fair but reasonable, Qoria’s board unanimously recommends approval, pending no superior proposal.

Nova Minerals has secured New South Wales Supreme Court approval for its schemes of arrangement, paving the way for its US holding company to take control and triggering ASX delisting and NYSE admission.

ReadyTech Holdings has dismissed an unsolicited acquisition proposal valuing the company at $2.00 per share, calling it undervalued and unworkable. The offer includes a parallel off-market bid at $1.75 per share with a 50.1% minimum acceptance condition.

Little Green Pharma (ASX:LGP) has completed its merger with Cannatrek, creating a dominant player in Australia and Europe’s medicinal cannabis market with a majority stake held by former Cannatrek shareholders.

Advanced Innergy Holdings saw an 84% plunge in half-year profit despite a record £116 million order backlog, driven by project timing and IPO-related costs. The company confirmed full-year guidance and is poised for growth with key acquisitions in aquaculture and subsea manufacturing.

Bremworth Limited reiterates confidence in its Floorscape acquisition scheme despite ongoing regulatory uncertainty, signalling readiness to explore alternatives if the New Zealand Commerce Commission declines clearance.

Ainsworth Game Technology posted a 10% revenue increase in FY25 to $291 million, driven by strong Asia Pacific growth, while North American challenges weigh on H1 2026 outlook.