Court Approves Matrix Composites Scheme
Key points
- Court approves acquisition by Advanced Innergy
- Trading suspension set for 14 July 2026
- Implementation expected on 23 July 2026
Full summary
Matrix Composites & Engineering Ltd (ASX: MCE) announces that the Federal Court has approved the acquisition of 100% of its shares by Advanced Innergy Solutions Australia, a subsidiary of Advanced Innergy Holdings. The scheme will become effective upon ASIC's receipt of the court orders. Trading suspension will commence at the close of 14 July 2026, with delisting expected on 24 July 2026. Further information is available in the Scheme Booklet.
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