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News: APT Afterpay Updates On Scheme And Scheme Meeting Date Postponed

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    02/12/21
    10:00
    Post #: 58014506

    Dec 2 (Reuters) - Afterpay Ltd (APT) :

    • UPDATE ON SCHEME AND SCHEME MEETING DATE POSTPONED
    • NOTES THAT ALL REGULATORY CONDITIONS HAVE SINCE BEEN SATISFIED, WITH EXCEPTION OF BANK OF SPAIN CONDITION
    • AFTERPAY HAS DECIDED TO POSTPONE SCHEME MEETING THAT WAS SCHEDULED FOR 6 DECEMBER 2021
    • AFTERPAY AND SQUARE ARE IN PROCESS OF CONSIDERING OPTIONS TO PROCEED WITH A SCHEME MEETING BEFORE END OF CY21
    • ALSO INTENDS TO APPROACH NEW SOUTH WALES SUPREME COURT FOR ORDERS IN CONNECTION WITH ADJOURNED SCHEME MEETING
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