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Diversified United Investment Limited (ASX:DUI)

ALERT: Price-sensitive ASX Announcement for DUI
Current share price for DUI : $5.070 -0.01 (-0.20%)+
Announcement
Release
10 Apr 2026 4:48PM
Price at Release
$5.080
Full Release
download
Summary
Diversified United Investment Limited (DUI) has announced details regarding the determination of scheme consideration as part of its proposed merger with the Australian United Investment Company Limited (AUI). The exchange ratio for the scheme consideration has been established, with eligible DUI shareholders expected to receive approximately 0.47241 new AUI shares for each DUI share held. This ratio is based on the pre-tax net tangible assets per share of both companies as of 9 April 2026. The scheme will only proceed if approved by DUI shareholders and the Federal Court of Australia. A Scheme Meeting is scheduled for 16 April 2026, where DUI shareholders will vote on the proposal. The exchange ratio and further procedural details have been outlined to ensure transparency in the merger process.
Key Points
  • DUI to merge with AUI via a scheme of arrangement.
  • Exchange ratio set at approximately 0.47241 AUI shares per DUI share.
  • Scheme based on net tangible assets per share as of 9 April 2026.
  • DUI shareholders to vote on the scheme at a meeting on 16 April 2026.
  • Federal Court approval required for the scheme to proceed.
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.