Good news
Update on potential in-specie distribution of PEXA on 4 October 2022, Link Group announced that, following an evaluation of alternatives for the Link Group business, it would engage with applicable regulators, including the Australian Tax Office, in relation to a potential in-specie distribution of a minimum of 80% of Link Group’s PEXA shares to Link Group’s shareholders.
Link Group is pleased to announce that, following the PEXA Sell down, it proposes to proceed with an in-specie distribution of the remainder of its EXA shares to Link Group shareholders (“Distribution”), subject to matters including Link Group shareholder approval.
This shareholder approval is proposed to be sought in December 20222 with the Distribution proposed to occur in January 2023.
