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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
21 Apr 2026 10:04AM
Price at Release
$5.060
Full Release
download
Summary
Diversified United Investment Limited (DUI) has announced that its scheme of arrangement with Australian United Investment Company Limited (AUI) is legally effective. This merger was confirmed by lodging orders with the Federal Court of Australia and the Australian Securities and Investments Commission. DUI shares will continue trading until the close of business on the effective date. Eligible DUI shareholders will receive approximately 0.47241 AUI shares for each DUI share they hold as of the record date, 23 April 2026. The scheme is expected to be fully implemented by 30 April 2026, when the new AUI shares will also start trading on a deferred settlement basis. This announcement was authorized by the Independent Board Committee of DUI.
Key Points
  • Scheme of arrangement with AUI is effective
  • Federal Court orders lodged
  • DUI shares trade until the effective date's end
  • Scheme consideration of 0.47241 AUI shares per DUI share
  • Scheme record date is 23 April 2026
  • Implementation expected on 30 April 2026
  • New AUI shares to trade on deferred settlement basis
  • Authorized by 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.