Crown Resorts Limited (ASX code: CWN) have provided an updated timetable regarding the proposed acquisition via scheme of arrangement of Crown Resorts Limited (ASX code: CWN) by Blackstone that was detailed in Notice No. 0343.22.04 dated Friday, 1 April 2022.

The scheme meeting was held on 20 May 2022 and the scheme was approved by shareholders.

At the scheduled Court hearing for the Scheme (11:15am on 24 May 2022), the Company intends to request a short adjournment to the hearing, deferring until the week commencing 6 June 2022 (subject to the Court’s availability). When the Court date is delayed then the CWN ETO termination effective date of 24 May 2022 will no longer apply.

Once the Scheme is approved by the Court the Company will be suspended. On the last day trading in CWN, the CWN ETOs will be terminated as at end of business with positions cash settled at their intrinsic value.

Participants should be aware of the content of this Notice as it sets out the updated indicative dates of the termination with respect to open positions in ASX CWN ETOs contracts.

Effective Date

A further ASX Notice will be released once dates have been confirmed.

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Issued by

Greg Fitzpatrick, Clearing Operations

Contact information

William Ward
clearing@asx.com.au

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