SLH.ASX: Scheme of Arrangement becomes legally effective

Scheme of Arrangement becomes legally effective

Stock	Silk Logistics Holdings Ltd (SLH.ASX)
Release Time	6 Aug 2025, 4:25 p.m.
Price Sensitive	Yes

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Silk Logistics Scheme of Arrangement Becomes Legally Effective

Key Points

Silk Logistics Holdings Ltd (ASX:SLH) confirms scheme of arrangement with DP World Australia is now legally effective
Silk shareholders to receive A$2.14 cash per share on implementation date of 18 August 2025
Silk shares to be suspended from trading on ASX from close of trading today

Full Summary

Silk Logistics Holdings Limited (ASX:SLH) has confirmed that it has lodged an office copy of orders made by the Supreme Court of New South Wales approving the proposed acquisition of all of the shares in the company by DP World Australia Limited (DP World Australia) by way of a scheme of arrangement (Scheme). The Scheme is now legally effective, and quotation of Silk Shares on the ASX will be suspended from the close of trading today. It is expected that implementation of the Scheme will occur on Monday, 18 August 2025 (Implementation Date). On the Implementation Date, Silk Shareholders who have been recorded on the Silk Share Register as owning Silk Shares at 7.00pm (Sydney time) on Monday, 11 August 2025 (being the Scheme Record Date), will receive A$2.14 cash consideration for each Silk Share they hold. All times and dates remain subject to change, and any changes will be announced by Silk to ASX.