UXC LIMITED Australian Securities Exchange Company Announcements Platform 11 February 2015 | UXC Limited ACN 067 682 928 |
The Supreme Court of Victoria has today made orders approving the Scheme of Arrangement under which CSC Computer Sciences Australia Holdings Pty Ltd will acquire all of the shares in UXC Limited.
It is expected that a copy of court orders will be lodged with the Australian Securities and Investments Commission on Friday, 12 February 2016 at which time the Scheme will become legally effective.
UXC will subsequently apply for its shares to be suspended from trading on the Australian Stock Exchange from close of trading on Friday, 12 February 2016.
UXC shareholders who hold shares on the Interim Dividend Record Date for determining entitlements to receive the Interim Dividend (Friday, 12 February 2016) will be paid a fully franked interim dividend of A$0.02 cash per share. UXC shareholders who hold shares on the Scheme Record Date for determining entitlements to receive the Scheme Consideration (Friday, 19 February 2016) will be paid A$1.22 cash per share.
Those UXC shareholders will be sent the Interim Dividend on the Interim Dividend Payment Date (Thursday, 18 February 2016) and the Scheme Consideration on the Implementation Date (Friday, 26 February 2016).
Any changes to these dates will be announced by UXC on ASX.
With the Scheme now having been approved by the Supreme Court of Victoria, the remaining key dates for implementation are set out below:
Effective Date
Interim Dividend Record Date (for determining entitlements to receive Interim Dividend) | Friday, 12 February 2016 |
Interim Dividend Payment Date (for payment of the Interim Dividend) | Thursday, 18 February 2016 |
Scheme Record D ate (for determining entitlements to Scheme Consideration) | 7pm on Friday, 19 February 2016 |
Implementation Date (for payment of the Scheme Consideration) | Friday, 26 February 2016 |
UXC Limited | ||
Mr Cris Nicolli Managing Director UXC Limited (613) 9224 5777 | Ms Iona MacPherson Chief Financial Officer & Company Secretary UXC Limited (613) 9224 5777 | Toll free shareholder information line: 1800 092 092 www.uxc.com.au |
Media - GRACosway | ||
Ben Wilson 0407 966 083 | Rhianna Fursdon 0477 020 337 | |
ABOUT UXC LIMITED
UXC Limited is an S&P/ASX 300 listed Australian business solutions company, and the largest Australian owned ICT consultancy firm. UXC services medium to large entities in the private and public sectors across Australia and New Zealand and has operations in Asia and North America.
UXC provides a range of unique, unmatched and formidable ICT Solutions in Consulting, Business Applications and Infrastructure that support our customers to plan & design, implement & enhance, and operate & manage their ICT requirements.
UXC strives to create simplicity and meaning in a complex world through the power of people and technology, by being the leading Tier 1 Australian IT Services and Solutions Company, delivering value, innovation and responsive business outcomes with excellent people.
UXC Limited issued this content on 11 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2016 23:16:18 UTC
Original Document: http://www.uxc.com.au/wp-content/uploads/2016/02/UXCMarketAnnouncement_CourtApprovesSchemeOfArrangement_11February2016.pdf
