Special Dividend and Scheme Meeting Materials

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Stock Domain Holdings Australia Ltd (DHG.ASX)
Release Time 4 Aug 2025, 9:08 a.m.
Price Sensitive Yes
 Domain Announces Special Dividend and Scheme Meeting Materials
Key Points
  • Domain to pay 8.8 cents per share special dividend prior to Scheme implementation
  • Independent Expert concludes Scheme is fair and reasonable, in the best interests of shareholders
  • Domain Board unanimously recommends shareholders vote in favour of Scheme
Full Summary

Domain Holdings Australia Limited (ASX:DHG) announced that the Domain Board has determined to pay a fully franked Special Dividend of 8.8 cents per Domain Share, conditional on the Scheme becoming Effective. The Special Dividend Record Date is expected to be 12 August 2025 and the Special Dividend Payment Date will be 19 August 2025. The company also released the Chair's address and presentation slides for the upcoming Scheme Meeting, where shareholders will vote on the proposed acquisition of Domain by CoStar Group, Inc. through its indirect wholly-owned subsidiary. The Independent Expert, Grant Samuel, has concluded that the Scheme is fair and reasonable and in the best interests of Domain Shareholders (other than Excluded Shareholders), in the absence of a superior proposal. The Domain Board unanimously recommends that Domain Shareholders (other than Excluded Shareholders) vote in favour of the Scheme, in the absence of a Superior Proposal and subject to the Independent Expert continuing to conclude that the Scheme is in the best interests of Domain Shareholders (other than Excluded Shareholders). The Scheme Consideration of $4.43 per Domain Share represents a 42% premium to the undisturbed trading price of Domain shares on 20 February 2025. The Scheme remains subject to a limited number of customary conditions, including approval by Domain Shareholders and the Supreme Court of New South Wales.