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.
Oct 18 (Reuters) - Class Ltd (CL1) : HUB24 TO ACQUIRE CLASS...
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Last
$39.73 |
Change
-1.800(4.33%) |
Mkt cap ! $3.223B | |||
| Open | High | Low | Value | Volume |
| $41.54 | $41.57 | $39.45 | $5.373M | 133.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 11 | 157 | $39.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $39.76 | 454 | 18 |
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Last
$39.72 |
Change
-1.800 ( 4.55 %) |
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| $41.51 | $41.51 | $39.45 | 12313 | ||
| Last updated 14.09pm 28/05/2024 ? | |||||
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