SRT.ASX: Revised Proposal

Revised Proposal

Stock	Strata Investment Holdings Plc (SRT.ASX)
Release Time	19 Jun 2026, 5:56 p.m.
Price Sensitive	Yes

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Strata Investment Holdings Receives Revised Proposal from Freedom BidCo

Key Points

Freedom BidCo announced a revised proposal to acquire Strata Investment Holdings.
Offer includes a cash option of A$0.22 per share or an alternative share offer.
Proposal values Strata's entire share capital at approximately AU$46.1 million.
Shareholders have no immediate action required, offer document to be sent within 28 days.
Proposal not subject to Australian Corporations Act or UK Takeover Panel.

Full Summary

Strata Investment Holdings PLC (ASX: SRT) announced that Freedom BidCo, Inc., a Canadian company, has made a revised unsolicited proposal to acquire all of Strata's shares. The proposal offers Strata shareholders A$0.22 per share in cash or an alternative share offer. The proposal values Strata's entire issued and to-be-issued share capital at approximately AU$46.1 million. The offer is fully funded and not subject to financing conditions. The offer document will be sent to Strata shareholders within 28 days of the announcement. The proposal is not subject to the Australian Corporations Act or the UK Takeover Panel. Freedom BidCo believes the offer provides an attractive liquidity option and a compelling opportunity for Strata shareholders.

Guidance

Revised proposal values Strata's entire share capital at approximately AU$46.1 million.

Outlook

Freedom BidCo believes the offer provides an attractive liquidity option and a compelling opportunity for Strata shareholders.