Participant
Technical Services
Credential Services
Listed Company
Professional Adviser
Information Provider
Information Services
AMO
Notice
Unitholders in Centuria Urban REIT (“CUA”) voted in favour of the scheme of arrangement (the “Scheme”) giving effect to the merger with Centuria Metropolitan REIT (“CMA”) at a meeting held on Wednesday, 14 June 2017.
Under the Scheme, CUA unitholders will receive consideration of:
- 0.88 new CMA units for every 1 CUA unit held (“Script Consideration”); plus
- $0.23 cash consideration for every 1 CUA unit held (“Cash Consideration”)
(together, the “Scheme Consideration”).
The following timetable applies to the Scheme:
DATE |
EVENT |
Thursday, 15 June 2017 |
Effective date for the Scheme CUA units are suspended from trading at close of trading (ASX Code: CUA) |
Friday, 16 June 2017 |
New CMA units commence trading on a deferred settlement basis (ASX Code: CMAN) |
Monday, 19 June 2017 |
Record date for determining entitlements to Scheme consideration |
Thursday, 29 June 2017 |
Implementation date for the Scheme – Payment of cash consideration and issue of new CMA units Last day of deferred settlement trading in new CMA units (ASX Code: CMAN) |
Friday, 30 June 2017 |
New CMA units commence trading on a normal settlement basis (ASX Code: CMA) |
Tuesday, 4 July 2017 |
Settlement of all on-market trades conducted on a deferred settlement basis from 16 to 29 June 2017 (inclusive), and first settlement of trades conducted on a T+2 basis. |
What do I need to do by when?
For full details of the Scheme, refer to CMA’s recent announcements including the Scheme Booklet released to the market on 15 May 2017.
Need more information?
Issued by
Stephanie So, Senior Adviser Listings Compliance
Contact information
Stephanie So
+61 (02) 9227 0000
info@asx.com.au