Lodgment of draft MEO/Neon scheme booklet As announced on Tuesday 2 December 2014, MEO has lodged a draft scheme booklet with the Australian Securities and Investment Commission (ASIC) in relation to the Neon Merger. The lodgment represents an important milestone in the merger process with Neon. ASIC's review will be followed by an initial Court hearing, expected to occur during December 2014, to approve the scheme booklet and make orders to convene a scheme meeting of MEO shareholders. Conditional upon Court approval and registration with ASIC, a final scheme booklet is expected to be dispatched to MEO shareholders in late December 2014. MEO shareholders will be asked to vote (either in person or by proxy) on the Scheme at a Shareholder meeting expected to be held in early February 2015. On behalf of the MEO Directors, I reiterate our conviction to the Neon Merger and look forward to working with the Neon Board and management to bring the transaction to a successful conclusion. The MEO Directors will keep MEO Shareholders fully informed of further developments as they occur
NEN Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
MEO Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
