RHC Price sensitive 16 Oct 2026, 6:55 PM

Ramsay Sante Demerger - Outcome of First Court Hearing

Ramsay Health Care Ltd

Ramsay Health Care Announces Demerger Outcome

Key points

  • Supreme Court ordered a meeting for Ramsay shareholders to vote on the demerger
  • Ramsay Directors recommend voting in favor of the resolutions
  • Independent Expert concluded the demerger is in the best interests of Ramsay shareholders
  • Meetings scheduled for 24 November 2026

Full summary

Ramsay Health Care (Ramsay) announced that the Supreme Court of New South Wales has ordered a meeting for Ramsay shareholders to vote on a scheme of arrangement for the demerger of Ramsay Santé. The Ramsay Directors unanimously recommend shareholders vote in favor of the resolutions to approve the capital reduction required for the demerger. Deloitte Corporate Finance, the Independent Expert, concluded that the demerger is in the best interests of Ramsay shareholders. The General Meeting and Scheme Meeting will be held on 24 November 2026, immediately following Ramsay's 2026 AGM.

Outlook

The demerger is expected to proceed as per the court's order, pending shareholder approval.

Summary generated by a large language model. Please interpret with care.

Sign in for more about this company, including guidance changes and other insights.
Sign in