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RPMGlobal Holdings Limited (ASX:RUL)

ALERT: Price-sensitive ASX Announcement for RUL
Current share price for RUL : $4.990 0.115 (2.36%)+
Announcement
Release
17 Nov 2025 3:44PM
Price at Release
$4.875
Full Release
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Summary
RPMGlobal Holdings Limited (RPM) has proposed a scheme of arrangement for the acquisition by Caterpillar Inc. This involves a cash consideration of A$5.00 per RPM share. Key dates include the Scheme Meeting on 19 December 2025 and if approved, the court will sanction the scheme on 3 February 2026. Trading of RPM shares will cease on 4 February 2026, with payment to shareholders on 18 February 2026. RPM's Board unanimously recommends the scheme, barring a superior proposal and the Independent Expert's continuing favorable opinion. The merger aims to leverage RPM's mining software capabilities, enhancing Caterpillar's offerings in the mining sector. Shareholders are advised to read the Scheme Booklet in full for detailed information.
Key Points
  • RPMGlobal Holdings Limited proposes a scheme of arrangement for acquisition by Caterpillar Inc.
  • Cash consideration of A$5.00 per RPM share.
  • Scheme Meeting scheduled for 19 December 2025.
  • Court to sanction the scheme on 3 February 2026 if approved.
  • RPM shares trading ceases on 4 February 2026.
  • Payment to shareholders on 18 February 2026.
  • RPM Board unanimously recommends the scheme with certain conditions.
  • Merger leverages RPM's mining software capabilities.
  • Shareholders advised to read the Scheme Booklet in full.
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.