• Infomedia to be acquired by TPG for $1.72 per share in cash
• 41% premium to Infomedia's 3-month VWAP
• Infomedia permitted to pay up to 4.9 cents per share in fully franked dividends

Infomedia Limited (ASX:IFM) has entered into a scheme implementation agreement with McQueen BidCo Pty Ltd, an entity ultimately owned by funds managed or advised by TPG Capital Asia ('TPG'), to acquire all the issued capital of Infomedia by way of a Board recommended Scheme of Arrangement. If the Scheme is implemented, Infomedia shareholders will receive total cash consideration of $1.72 per share, less any permitted dividends declared and paid. The Cash Consideration represents a 41% premium to Infomedia's 3-month VWAP. Infomedia is permitted to pay a fully franked ordinary dividend of up to 2.0 cents per share for FY25, and a further special dividend of up to 2.9 cents per share if the Scheme proceeds. The Scheme is subject to customary conditions, including approval by Infomedia shareholders and an independent expert concluding that the Scheme is in the best interests of Infomedia shareholders.