SLH.ASX: Extension to End Date under Scheme Implementation Deed

Extension to End Date under Scheme Implementation Deed

Stock	Silk Logistics Holdings Ltd (SLH.ASX)
Release Time	27 Jun 2025, 11:47 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Silk Logistics extends Scheme Implementation Deed deadline

Key Points

Silk Logistics and DP World Australia agree to extend the End Date of the Scheme Implementation Deed
New End Date is the later of 10 July 2025 or 7 August 2025 if ACCC does not propose to intervene
Extension to allow for ACCC decision on the proposed acquisition

Full Summary

Silk Logistics Holdings Limited (ASX:SLH) has announced an extension to the End Date under the Scheme Implementation Deed (SID) for the proposed acquisition of Silk by DP World Australia Limited. The original End Date was 30 June 2025, but Silk and DP World Australia have now agreed to extend the End Date to the later of 10 July 2025 or, if the Australian Competition and Consumer Commission (ACCC) notifies DP World Australia by 10 July 2025 that it does not propose to intervene in the Scheme, 7 August 2025. This extension will allow for the ACCC to announce its findings in relation to the proposed acquisition, which are now scheduled for 10 July 2025. Silk will continue to keep the market informed of any material developments regarding the Scheme or the ACCC's decision-making process.