SMP.ASX: Sealed Initial Orders for Scheme of Arrangement

Sealed Initial Orders for Scheme of Arrangement

Stock	Smartpay Holdings Ltd (SMP.ASX)
Release Time	17 Sep 2025, 1:32 p.m.
Price Sensitive	Yes

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Smartpay Secures Initial Orders for Scheme of Arrangement

Key Points

Smartpay Holdings Ltd announces sealed initial orders for Scheme of Arrangement
Scheme subject to shareholder and court approval
Aims to simplify corporate structure and unlock growth opportunities

Full Summary

Smartpay Holdings Ltd, a leading provider of payment solutions, has announced that it has sealed initial orders for a Scheme of Arrangement. The Scheme, which is subject to shareholder and court approval, is designed to simplify the company's corporate structure and unlock growth opportunities. The announcement highlights Smartpay's commitment to streamlining its operations and positioning the business for long-term success. The details of the Scheme are currently being finalized, and the company will provide further updates as the process progresses. Smartpay's management team remains focused on delivering value for its shareholders and customers, and the Scheme is seen as a strategic initiative to support the company's ongoing growth and development.