InvestSMART

Australian United Investment Company Limited (ASX:AUI)

ALERT: Price-sensitive ASX Announcement for AUI
Current share price for AUI : $12.030 1.18 (10.88%)+
Announcement
Release
21 Apr 2026 10:04AM
Price at Release
$10.850
Full Release
download
Summary
Diversified United Investment Limited (DUI) announced the effectiveness of the scheme of arrangement for merging with Australian United Investment Company Limited (AUI). This merger becomes legally effective following the lodging of Federal Court orders with the Australian Securities and Investments Commission, in accordance with the Corporations Act. DUI shares will continue to trade on the ASX until the end of the day on April 21, 2026. Eligible DUI shareholders will receive approximately 0.47241 new AUI shares for each DUI share held as of April 23, 2026, with the scheme expected to be implemented on April 30, 2026. New AUI shares will begin trading on the ASX on a deferred settlement basis from April 22, 2026.
Key Points
  • Scheme of arrangement for DUI and AUI merger effective
  • Federal Court orders lodged with ASIC
  • DUI shares to trade on ASX until April 21, 2026
  • Scheme Consideration: 0.47241 AUI shares per DUI share
  • Implementation and issuance of new AUI shares on April 30, 2026
  • New AUI shares trading deferred from April 22, 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.