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Qube Holdings Limited (ASX:QUB)

ALERT: Price-sensitive ASX Announcement for QUB
Current share price for QUB : $5.110 0.02 (0.39%)+
Announcement
Release
18 Jun 2026 8:25AM
Price at Release
$5.090
Full Release
download
Summary
Qube Holdings Limited announced a regulatory update regarding its proposed scheme of arrangement where Rubik Australia Pty Limited will acquire 100% of Qube's shares. The Australian Competition and Consumer Commission has approved the scheme, allowing it to proceed without intervention under the Competition and Consumer Act 2010. The necessary approvals from the Australian Foreign Investment Review Board and the New Zealand Overseas Investment Office are still in progress. The implementation timetable includes a second court hearing on 7 July 2026, with the Scheme effective date set for 8 July 2026, and the Scheme implementation date on 14 August 2026. Subject to the scheme's effectiveness, Qube plans to declare a fully franked Special Dividend of $0.3465 per share. Changes to the timeline will be announced through the ASX.
Key Points
  • Rubik Australia Pty Limited to acquire 100% shares of Qube.
  • ACCC approved the scheme without intervention.
  • FIRB and NZ OIO approvals still pending.
  • Key dates: 2nd Court Hearing on 7 July 2026, Scheme Effective on 8 July 2026, Implementation on 14 August 2026.
  • Special Dividend of $0.3465 per share if scheme effective.
  • Timetable subject to regulatory approvals and court decisions.
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.