lodgement with asic

The wheels are in motion, ann just out:


LODGEMENT OF INFORMATION MEMORANDUM WITH ASIC

As announced on 1 September 2009, Unilife Medical Solutions Limited (ASX:UNI/OTCPK:UNIFF)(Unilife Australia) entered into a Merger Implementation Agreement with Unilife Corporation(Unilife USA) to facilitate the proposed redomiciliation of the Unilife group in the United States of America (Proposed Transaction).
The Directors of Unilife Australia are pleased to confirm that the next stage of the process for the redomiciliation has now been completed by way of the lodgement of an Information Memorandum with respect to the Proposed Transaction with the Australian Securities and Investments
Commission (ASIC) for review.

The Information Memorandum comprises:
• the explanatory statement in relation to the schemes of arrangement;
• the Notice of Meeting to consider and approve the share scheme of arrangement;
• the Notice of Meeting to consider and approve the option scheme of arrangement; and
• the Information Memorandum with respect to the listing of Unilife USA on the Australian Securities Exchange.

The Information Memorandum is a substantial legal document covering key matters relating to the Unilife group, the Proposed Transaction, the listing of Unilife Corporation on ASX and shareholders and optionholders' entitlement to vote at the Scheme Meetings to be held in January 2010.
Following ASIC review and Court approval, the Information Memorandum, a Notice of Meeting for an Extraordinary General Meeting to be held on the same day as the Scheme Meetings and relevant proxy forms will be mailed to all shareholders and option holders for their consideration.