Results of Scheme Meeting
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| Stock | SDI Ltd (SDI.ASX) |
|---|---|
| Release Time | 22 Jun 2026, 4:06 p.m. |
| Price Sensitive | Yes |
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SDI Ltd Scheme Meeting Results
Key Points
- 98.94% of votes in favor of the Scheme Resolution
- 93.56% of shareholders present and voting approved the scheme
- Scheme awaits court approval on June 24, 2026
- Record Date expected to be June 29, 2026
- SDI shares to be suspended on June 25, 2026
Full Summary
SDI Ltd announced the results of the Scheme Meeting, where 98.94% of votes cast were in favor of the proposed scheme of arrangement. The scheme, which involves InnoXvest Dental acquiring 100% of SDI's shares, requires court approval at a hearing on June 24, 2026. If approved, the scheme is expected to become effective on July 6, 2026, with shares suspended from trading on June 25, 2026. The Record Date for determining entitlements to the Scheme Consideration is expected to be June 29, 2026.
Guidance
Court approval expected on June 24, 2026; shares suspended June 25, 2026
Outlook
SDI Ltd anticipates the scheme becoming effective on July 6, 2026, following court approval and satisfaction of other conditions.
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