Notice of Compulsory Acquisition
Filed with ASX · · 7 pages · English
Summary by 6ix AI
This filing is a notice of compulsory acquisition following a takeover bid by Crimson Consulting Australia Pty Ltd for Kip McGrath Education Centres Limited. Crimson Australia has acquired a significant majority of Kip McGrath shares and is proceeding with the compulsory acquisition of the remaining shares. The compulsory acquisition will occur under the same terms as the original takeover offer, with specific instructions for shareholders who have not yet accepted the offer. Shareholders who accepted the offer before the closing time will receive payment within a specified timeframe, while others will need to claim their consideration post-acquisition.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Kip McGrath Education Centres Limited on 6ix
Earlier from Kip McGrath Education Centres
- Change in substantial holding
- Crimson Australia acceptances total 91.40%
- Supplementary Bidder's Statement
- Takeover - automatic extension of offer period
- Notice of Status of Conditions
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