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Vonex Limited. (ASX:VN8)

ALERT: Price-sensitive ASX Announcement for VN8
Current share price for VN8 : $0.035 0 (0%)+
Announcement
Release
23 Sep 2025 12:56PM
Price at Release
$0.035
Full Release
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Summary
Vonex Limited announced that its shareholders approved a scheme of arrangement for Maxo Telecommunications Pty Ltd to acquire all shares of Vonex that it does not already own. The scheme was approved by 99.6% of the votes cast. Vonex has applied for Supreme Court approval, with the final court hearing scheduled for 9 October 2025. If approved, the scheme will become effective immediately, and Vonex shares will be suspended from trading. The scheme is expected to be implemented on 20 October 2025, with shareholders receiving $0.036 per share. The company expects to be delisted from the ASX on 21 October 2025.
Key Points
  • 99.6% of Vonex shareholders voted in favor of the scheme resolution.
  • Vonex applied for Supreme Court approval scheduled for 9 October 2025.
  • Vonex shares expected to be suspended from trading on 9 October 2025.
  • Implementation of the scheme planned for 20 October 2025.
  • Vonex shareholders to receive $0.036 per share.
  • Vonex to be delisted from ASX on 21 October 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.