InvestSMART

SDI Limited (ASX:SDI)

ALERT: Price-sensitive ASX Announcement for SDI
Current share price for SDI : $1.398 0.002 (0.18%)+
Release
22 Jun 2026 4:06PM
Price at Release
$1.395
Full Release
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Summary
On June 22, 2026, SDI Limited announced the successful result of a Scheme Meeting where shareholders approved a scheme of arrangement for InnoXvest Dental Pty. Ltd, a subsidiary of Beijing Guoci Kebo Technology Co., Ltd, to acquire SDI Limited at A$1.40 per share. 98.94% of shareholder votes were in favor. The Scheme is subject to final court approval expected on June 24, 2026, after which SDI shares will be suspended on June 25, 2026, and the scheme implemented by July 6, 2026. SDI Limited is a global dental materials manufacturer based in Australia.
Key Points
  • Scheme of arrangement approved by SDI shareholders.
  • 98.94% votes in favor of the scheme.
  • Acquisition by InnoXvest Dental Pty. Ltd for A$1.40 per share.
  • Pending court approval on June 24, 2026.
  • Suspension of SDI shares on June 25, 2026.
  • Scheme implementation scheduled for July 6, 2026.
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.