K2F - K2fly Limited

[Dona Ferentes]

so, how have the last few years been?

and an offer , at 90 per cent above previous levels.. Looks a goner
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K2FLY AGREES UNANIMOUSLY-RECOMMENDED SCHEME OF ARRANGEMENT WITH ACCEL-KKR

KEY HIGHLIGHTS
K2fly has entered into a Scheme Implementation Deed with Argyle Bidco Pty Limited, a wholly owned subsidiary of Accel-KKR, under which Accel-KKR will acquire 100% of the shares in K2fly by way of a Scheme of Arrangement. Under the Scheme, K2fly shareholders will be entitled to receive $0.19 cash per share, which represents a 90% premium to K2fly’s undisturbed share price on 20 June 2024 of $0.10 per share
. The K2fly Board unanimously recommends that K2fly shareholders vote in favour of the Scheme in the absence of a superior proposal and subject to the independent expert concluding that the Scheme is in the best interests of K2fly shareholders.
- Significant shareholders of K2fly, who in aggregate hold or control approx. 90,612,612 K2fly shares representing 48.5% of K2fly’s current voting shares as at the date of this announcement, have advised K2fly that they intend to vote all K2fly shares held or controlled by them in favour of the Scheme ....

 

[System]

On October 1st, 2024, K2fly Limited (K2F) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between K2F and its shareholders in connection with the acquisition of all the issued capital in K2F by Argyle BidCo Pty Ltd.