Implementation of Scheme
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| Stock | Mad Paws Holdings Ltd (MPA.ASX) |
|---|---|
| Release Time | 11 Nov 2025, 4:50 p.m. |
| Price Sensitive | Yes |
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Mad Paws Scheme Implementation Completed
Key Points
- Mad Paws shares transferred to Rover Group
- Mad Paws shareholders receive $0.14 cash per share
- Mad Paws to be delisted from ASX
Full Summary
Mad Paws Holdings Limited (ASX:MPA) has announced the successful implementation of the scheme of arrangement pursuant to which Rover Group, Inc. will acquire 100% of the issued share capital of Mad Paws. Under the terms of the scheme, Mad Paws shares have now been transferred to Rover, and Mad Paws shareholders have been sent the scheme consideration of $0.14 cash for each Mad Paws share held as at the scheme record date. Trading in Mad Paws shares on the ASX was suspended at the close of trading on 3 November 2025, and the company intends to make an application to remove Mad Paws from the ASX's official list, with effect on and from close of trade on 12 November 2025.
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