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Australian United Investment Company Limited (ASX:AUI)

ALERT: Price-sensitive ASX Announcement for AUI
Current share price for AUI : $11.390 0.54 (4.98%)+
Announcement
Release
10 Apr 2026 4:48PM
Price at Release
$10.850
Full Release
download
Summary
Diversified United Investment Limited announced details regarding the proposed merger with Australian United Investment Company Limited (AUI) through a scheme of arrangement. The exchange ratio for the scheme consideration has been determined based on the pre-tax net tangible assets per share, with DUI shareholders to receive approximately 0.47241 AUI shares for each DUI share at the scheme record date. The scheme requires approval from DUI shareholders, excluding AUI, and the Federal Court of Australia. The scheme meeting is scheduled for April 16, 2026.
Key Points
  • DUI announced an exchange ratio of 0.47241 AUI shares per DUI share.
  • The scheme is contingent on approval from DUI shareholders and the Federal Court of Australia.
  • Scheme meeting scheduled for April 16, 2026.
  • The record date for the scheme is expected to be April 23, 2026.
  • The announcement was authorized by the Independent Board Committee of DUI.
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.