Federal Court of Australia approves Scheme of Arrangement

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Stock Rpmglobal Holdings Ltd (RUL.ASX)
Release Time 3 Feb 2026, 10:55 a.m.
Price Sensitive Yes
 Federal Court approves RPMGlobal Scheme of Arrangement
Key Points
  • Federal Court approves RPMGlobal acquisition by Caterpillar
  • RPM shareholders to receive A$5.00 per share
  • Scheme to be implemented on 18 February 2026
Full Summary

RPMGlobal Holdings Limited (ASX: RUL) has announced that the Federal Court of Australia has today made orders approving the proposed acquisition of all the shares in the Company by Revolution HoldCo Pty Ltd (Caterpillar BidCo), a direct wholly owned subsidiary of Caterpillar Inc (Caterpillar), by way of a scheme of arrangement (Scheme). RPM expects to lodge a copy of the Court's orders approving the Scheme with the Australian Securities and Investments Commission (ASIC) tomorrow (Wednesday, 4 February 2026), at which time the Scheme will become Effective. RPM will also request that the quotation of RPM Shares on the ASX be suspended from close of trading tomorrow (Wednesday, 4 February 2026). Subject to the Scheme becoming Effective, on implementation of the Scheme (expected to occur on Wednesday, 18 February 2026), eligible RPM shareholders will receive A$5.00 for each RPM Share they hold as at 7.00 pm (Sydney time) on Wednesday, 11 February 2026 (Scheme Record Date).