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SelfWealth Limited (ASX:SWF)
ALERT: Price-sensitive ASX Announcement for SWF
Current share price for SWF : $0.278 -0.007 (-2.63%)+
Release
26 Feb 2025 9:02AM
Price at Release
$0.285
Full Release
Summary
SelfWealth Ltd announced its intention to execute a scheme implementation deed with Svava Pte Ltd following Bell Financial Group's decision not to make a counterproposal. The deed is aimed at facilitating Svava's proposal to acquire all shares of SelfWealth for $0.28 per share. SelfWealth reassured its shareholders that no immediate action is required from them at this point and that further updates will be provided as the process progresses.
Key Points
- SelfWealth intends to execute a scheme implementation deed with Svava.
- Svava's proposal offers $0.28 cash per share for a total acquisition.
- Bell Financial Group will not counter the proposal from Svava.
- SelfWealth shareholders do not need to take action currently.
- Further updates will be provided to shareholders regarding the 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.
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