WITHDRAWAL OF FREEDOM BIDCO OFFER
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| Stock | Strata Investment Holdings Plc (SRT.ASX) |
|---|---|
| Release Time | 19 Aug 2026, 9:13 a.m. |
| Price Sensitive | Yes |
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Strata Investment Holdings Withdraws Freedom Bidco Offer
Key Points
- Strata Investment Holdings PLC confirms withdrawal of Freedom Bidco's offer
- Agreement reached for Freedom Bidco to withdraw its A$0.22 per share offer
- 1000433639 Ontario Inc. agrees to sell shares to a third-party investor
- Strata will inform the market of any material developments
Full Summary
Strata Investment Holdings PLC (ASX: SRT) has announced the withdrawal of Freedom Bidco Inc.'s offer to acquire its entire issued and to be issued share capital at a price of A$0.22 per share in cash, together with a share alternative. This follows the termination of the letter agreement with 1000433639 Ontario Inc. on 7 July 2026. As part of the agreement, 1000433639 Ontario Inc. has agreed to sell its shares in Strata to a third-party investor. Strata will keep the market informed of any material developments.
Outlook
Strata Investment Holdings PLC will continue to monitor and inform the market of any material developments.
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