Federal Court Approves Convening of Scheme Meeting and Scheme Booklet Registered by ASIC
Peet Limited (ASX: PPC) (Peet or the Company) refers to its proposed scheme of arrangement under which Ingenia Communities Group (ASX: INA) (Ingenia) will acquire 100% of the ordinary shares in Peet pursuant to a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) (Corporations Act) (Scheme).
The Federal Court of Australia (Court) has today made orders:
- that Peet convene a meeting of Peet shareholders (Scheme Meeting) to consider and vote on the Scheme; and
- approving despatch of an explanatory statement providing information relating to the Scheme and Notice of Scheme Meeting (Scheme Booklet).
Following today’s Court hearing, the Australian Securities and Investments Commission registered the Scheme Booklet in relation to the Scheme.
View the full ASX announcement and Scheme Booklet here.
