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Advanced Innergy Holdings Limited (ASX:AIH)

ALERT: Price-sensitive ASX Announcement for AIH
Current share price for AIH : $0.580 -0.07 (-10.77%)+
Announcement
Release
14 Jul 2026 2:43PM
Price at Release
$0.650
Full Release
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Summary
Matrix Composites & Engineering Ltd (ASX: MCE) announced that the scheme of arrangement for the acquisition of 100% of its issued share capital by Advanced Innergy Solutions Australia Pty Ltd, a subsidiary of Advanced Innergy Holdings Limited (ASX: AIH), has become legally effective. The scheme was approved by the Federal Court of Australia and involves a cash consideration of $0.40 per Matrix share. Trading of Matrix shares will be suspended on the ASX from close of trading on 14 July 2026. The scheme implementation is expected on 23 July 2026, with Matrix being delisted from the ASX on 24 July 2026. Key dates, including the record date of 16 July 2026 for shareholders to be eligible for the scheme consideration, were outlined. The announcement assures that changes will be communicated via ASX as necessary.
Key Points
  • Scheme of arrangement for acquisition by Advanced Innergy Solutions Australia Pty Ltd.
  • Federal Court approval and ASIC lodging.
  • Suspension of Matrix shares from ASX trading from 14 July 2026.
  • Scheme consideration of $0.40 cash per Matrix share.
  • Record date set for 16 July 2026.
  • Implementation of scheme expected on 23 July 2026.
  • Matrix delisting from ASX to occur on 24 July 2026.
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.