Link Admin (LNK AU): 13 July Scheme Meeting As Dye & Durham Takes A Bath

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370 Views, 10 May 2022 16:01

EXECUTIVE SUMMARY

The Supreme Court of New South Wales today approved the convening of a Scheme Meeting for Link Administration Holdings (LNK AU) on the 13 July.
The Explanatory Booklet has been registered with ASIC. The Independent Expert (Deloitte) has concluded that the A$5.50/share Scheme Consideration is fair and reasonable.
Separately, the Offeror, Canada's Dye & Durham, has seen its shares decline 57% since the release of its 2Q22 results.

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