Oct 18 (Reuters) - Class Ltd (CL1) :
- HUB24 TO ACQUIRE CLASS LIMITED VIA SCHEME OF ARRANGEMENT
- ENTERED SCHEME IMPLEMENTATION DEED FOR ACQUISITION BY HUB24 OF 100% OF CLASS
- CLASS SHAREHOLDERS WILL RECEIVE 1 ORDINARY HUB24 SHARE FOR EVERY 11 ORDINARY CLASS SHARES HELD, PLUS A$0.10 PER ORDINARY CLASS SHARE
- CLASS BOARD OF DIRECTORS HAS UNANIMOUSLY RECOMMENDED THAT CLASS SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
- ACQUISITION OF CLASS EXPECTED TO BE 8% EPS ACCRETIVE (EXCLUDING REVENUE SYNERGIES AND ONE-OFF IMPLEMENTATION COSTS) TO CO'S SHAREHOLDER BY FY23
- ACQUISITION OF CLASS IS EXPECTED TO BE 8% EARNINGS PER SHARE ACCRETIVE TO HUB24 SHAREHOLDERS BY FY23
- ACQUISITION OF CLASS IS EXPECTED TO DELIVER COST SYNERGIES OF ABOUT A$2 MILLION P.A.
News: HUB Hub24 To Acquire Class Limited Via Scheme Of Arrangement
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Last
$39.97 |
Change
-1.560(3.76%) |
Mkt cap ! $3.304B | |||
| Open | High | Low | Value | Volume |
| $41.54 | $41.57 | $39.88 | $3.702M | 91.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 12 | 181 | $39.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $39.99 | 257 | 17 |
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| Last trade - 12.19pm 28/05/2024 (20 minute delay) ? |
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Last
$39.77 |
Change
-1.560 ( 4.43 %) |
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| Open | High | Low | Volume | ||
| $41.51 | $41.51 | $39.76 | 7784 | ||
| Last updated 12.39pm 28/05/2024 ? | |||||
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