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Clearview Wealth Limited (ASX:CVW)

ALERT: Price-sensitive ASX Announcement for CVW
Current share price for CVW : $0.650 0.003 (0.39%)+
Announcement
Release
30 Jul 2026 10:50AM
Price at Release
$0.648
Full Release
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Summary
On 30 July 2026, ClearView Wealth Limited announced that the Supreme Court of New South Wales approved a scheme of arrangement under which Zurich Financial Services Australia Limited will acquire all of ClearView's shares. The Scheme will become effective upon lodging the court order with ASIC on 31 July 2026. This will lead to the suspension of ClearView shares from trading on the ASX. Shareholders registered by 13 August 2026 will receive a cash consideration of A$0.60 per share on 20 August 2026. Additionally, a special dividend of A$0.05 per share will be paid on 12 August 2026 to shareholders registered by 5 August 2026, contingent on the scheme becoming effective.
Key Points
  • Supreme Court of New South Wales approves the scheme of arrangement for Zurich to acquire ClearView.
  • The scheme becomes effective upon court order lodgment with ASIC on 31 July 2026.
  • ClearView shares will be suspended from trading on the ASX after 31 July 2026.
  • Shareholders will receive A$0.60 per share in cash on 20 August 2026.
  • A special dividend of A$0.05 per share will be paid on 12 August 2026.
  • Special dividend payment is contingent on the scheme becoming effective.
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.