Latest Share Schemes News

Shareholders of Washington H. Soul Pattinson and Brickworks have overwhelmingly approved their respective Share Schemes, paving the way for a landmark merger pending court approval.

Washington H. Soul Pattinson sought shareholder approval for a significant performance rights grant to its proposed Topco CEO, Todd Barlow, receiving overwhelming proxy support at its recent General Meeting.

Brickworks Limited seeks shareholder approval for a key executive incentive as it moves forward with its $16.9 billion merger with Soul Patts, aiming to create a streamlined and powerful new ASX-listed entity.

Washington H. Soul Pattinson shareholders convened to approve a transformative merger with Brickworks, aiming to simplify structure and boost portfolio diversification under a new entity, Topco.

The Federal Court of Australia has authorised NSX Limited to hold a shareholder meeting to vote on the proposed acquisition by CNSX Markets’ related entity. The detailed Scheme Booklet, including an Independent Expert's Report, is now available to guide investor decisions.

The Australian Taxation Office has issued a binding ruling detailing the capital gains tax treatment for Spartan Resources shareholders following Ramelius Resources' acquisition via a Scheme of Arrangement. Eligible shareholders can elect partial scrip-for-scrip rollover relief, deferring tax on the share component of their proceeds.

Entertainment Rewards Ltd reported a 12.7% increase in operating revenue for FY2025, driven by growth in key segments, but posted a wider net loss of $9.7 million amid higher expenses and a major convertible loan amendment.

Vonex Limited shareholders are set to vote on a court-approved scheme of arrangement for Maxo Telecommunications to acquire the remaining 30.6% stake, offering a significant premium. The scheme promises a timely cash exit amid sector uncertainties.

HUB24 Limited reported robust FY25 results with revenue climbing 24% to $406.6 million and underlying net profit after tax soaring 44%. The company’s platform funds under administration grew 34%, underpinning a 47% increase in fully franked dividends.

Domain Holdings Australia Limited shares are suspended from ASX trading following Supreme Court approval of its acquisition by Andromeda Australia SubCo Pty Limited. This marks a pivotal shift for the online real estate services company.

AVJennings Limited has completed payment of a fully franked special dividend, reducing the Scheme Consideration per share ahead of the upcoming Scheme implementation.

Shift4 Payments has secured Overseas Investment Office approval for its NZ$1.20 per share acquisition of Smartpay, advancing the proposed scheme of arrangement closer to completion.