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Silk Logistics Holdings Limited (ASX:SLH)

ALERT: Price-sensitive ASX Announcement for SLH
Current share price for SLH : $2.140 0.03 (1.42%)+
Announcement
Release
17 Jul 2025 12:25PM
Price at Release
$2.110
Full Release
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Summary
The document is a supplementary disclosure to the previously released scheme booklet regarding the proposed acquisition of Silk Logistics Holdings Limited (SLH) by Mondium Logistics Pty Ltd, an entity controlled by funds managed or advised by Allegro Funds Pty Ltd. The supplementary disclosure provides updates and clarifications related to the scheme, including recent financial performance, trading updates, and further information on the implementation of the scheme. It addresses queries raised by shareholders and regulators, outlines key changes or additional information, and confirms the scheme meeting schedule. The document aims to ensure shareholders are fully informed and able to make a considered decision on the scheme proposal.
Key Points
  • Supplementary disclosure to the earlier scheme booklet for the acquisition of SLH by Mondium Logistics.
  • Provides updates on recent trading, including financial performance for the 11-month period up to 31 May 2024.
  • Confirms there are no material adverse changes or prescribed occurrences since the original scheme booklet.
  • Clarifies certain tax implications of the scheme for shareholders.
  • Addresses shareholder questions raised since the dispatch of the scheme booklet.
  • Detailed explanation of scheme consideration and the process for implementation.
  • Updates the timetable, confirming the scheme meeting date and next steps.
  • Provides additional information as requested by regulators, ensuring regulatory compliance.
  • Reiterates the recommendation of the SLH Board in favour of the scheme, subject to no superior proposal.
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.