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Australian United Investment Company Limited (ASX:AUI)
ALERT: Price-sensitive ASX Announcement for AUI
Current share price for AUI : $11.110 0.31 (2.87%)+
Announcement
Release
12 Mar 2026 5:55PM
Price at Release
$10.800
Full Release
Summary
The Federal Court of Australia has approved the convening of a Scheme Meeting for Diversified United Investment Limited (DUI) shareholders regarding a proposed merger with Australian United Investment Company Limited (AUI). A Scheme Booklet, which includes the Scheme details and an Independent Expert's Report by Kroll Australia Pty Ltd, will be distributed to DUI shareholders. The Scheme Meeting is scheduled for 16 April 2026, and DUI shareholders are encouraged to participate either in person, online, or by proxy. This decision is part of a strategic move towards merging the two entities under a scheme of arrangement.
Key Points
- Federal Court approves the convening of a Scheme Meeting.
- Proposed merger between DUI and AUI.
- Distribution of Scheme Booklet to shareholders.
- Scheme Booklet includes an Independent Expert's Report.
- Scheme Meeting to be held on 16 April 2026.
- Shareholders encouraged to vote on the Scheme.
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.
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