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Qube Holdings Limited (ASX:QUB)

ALERT: Price-sensitive ASX Announcement for QUB
Current share price for QUB : $5.110 0.07 (1.39%)+
Announcement
Release
16 Jun 2026 8:59AM
Price at Release
$5.040
Full Release
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Summary
Qube Holdings Limited held a Scheme Meeting to discuss the proposed acquisition by Rubik Australia Pty Ltd, where all issued shares of Qube would be acquired for a total payment of $5.20 per share. This includes cash consideration, interim, and special dividends, providing a significant premium over recent share prices. The Scheme, if approved by shareholders and regulators, offers certainty of cash payments to shareholders and mitigates ongoing investment risks. An Independent Expert deemed the Scheme fair and in shareholders' best interests. A separate meeting addressed UniSuper's considerations, given its specific arrangements.
Key Points
  • Qube Holdings Limited proposed a scheme of arrangement with Rubik Australia Pty Ltd to acquire all issued shares.
  • The Scheme payment includes $5.20 cash per Qube Share comprising Scheme Consideration, Interim Dividend, and Special Dividend.
  • The total payment of $5.20 per share represents a significant premium over recent trading prices.
  • The Scheme is contingent upon approval by Qube shareholders and relevant regulatory bodies.
  • A separate meeting was held for UniSuper due to different consideration offered.
  • The Scheme seeks to provide certainty of cash to Qube shareholders while avoiding future investment risks.
  • The Independent Expert concluded the Scheme is fair and reasonable and in the best interests of shareholders.
  • Qube's Scheme Meetings were held on 16 June 2026.
  • Implementation of the Scheme is subject to various regulatory approvals and conditions.
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.