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Advanced Innergy Holdings Limited (ASX:AIH)

ALERT: Price-sensitive ASX Announcement for AIH
Current share price for AIH : $0.445 -0.215 (-32.58%)+
Announcement
Release
13 Jul 2026 1:38PM
Price at Release
$0.660
Full Release
download
Summary
The Federal Court of Australia has approved a scheme of arrangement for the acquisition of Matrix Composites & Engineering Ltd by Advanced Innergy Solutions Australia Pty Ltd, a subsidiary of Advanced Innergy Holdings Limited. This approval allows the acquisition of 100% of Matrix's issued share capital. The scheme is set to become effective upon lodging the court order with the Australian Securities and Investments Commission (ASIC), which will lead to the suspension of Matrix shares from trading on the Australian Securities Exchange (ASX). Key dates for the scheme include the last trading day of Matrix shares on 14 July 2026, record date on 16 July 2026, and the implementation date on 23 July 2026, with delisting from ASX by 24 July 2026. All dates are subject to potential changes in consultation with AIH.
Key Points
  • Federal Court of Australia approves the acquisition of Matrix by Advanced Innergy.
  • Scheme involves a 100% acquisition of Matrix's shares.
  • Scheme becomes effective upon court order lodgment with ASIC.
  • Matrix shares to be suspended from ASX trading from 14 July 2026.
  • Record date set for 16 July 2026.
  • Implementation date scheduled for 23 July 2026.
  • Delisting from ASX expected on 24 July 2026.
  • All dates are indicative and subject to change.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.