Afterpay Limited ASX: APT
ASX Announcement
6 December 2021
Adjournment of Scheme Meeting to Tuesday, 14 December 2021 and Chair's Address
Afterpay Limited (ASX: APT) (Afterpay) refers to the proposed acquisition by Lanai (AU) 2 Pty
Ltd, a wholly-owned indirect subsidiary of Square, Inc. (NYSE: SQ) (Square), of Afterpay by way of a scheme of arrangement (Scheme).
Afterpay announces that the Scheme Meeting will today be adjourned by the Chair of the Scheme Meeting to 9.00am (AEDT) on Tuesday, 14 December 2021. In accordance with ASX Listing Rule 3.13, attached to this announcement is the Chair's address for the adjournment of the Scheme Meeting.
No resolutions will be put to Afterpay shareholders at today's meeting as a result of the adjournment.
Afterpay intends to approach the New South Wales Supreme Court (Court) for orders in connection with the conversion of the Bank of Spain condition precedent to a condition subsequent.
The Afterpay Directors continue to unanimously recommend that Afterpay shareholders vote in favor of the Scheme, in the absence of a Superior Proposal and subject to the Independent Expert continuing to conclude that the Scheme is in the best interests of Afterpay shareholders. Each Afterpay Director intends to vote all of the Afterpay Shares held or controlled by them in favour of the Scheme subject to the same qualifications. 1
Implementation of the Scheme is still anticipated to occur in Q1 CY22.
1 In relation to the recommendation of Co-CEOs Anthony Eisen and Nick Molnar, Afterpay shareholders should have regard to the fact that, if the Scheme is implemented, each of Anthony Eisen and Nick Molnar will receive those entitlements as described in section 10.1 of the Scheme Booklet.
Afterpay Limited | ACN 618 280 649 | ASX:APT | |
Level 5, 406 Collins Street, Melbourne VIC 3000, Australia | 1 |
Further information
Afterpay shareholders who have questions in relation to the Scheme or the Scheme Booklet should contact the Afterpay Shareholder Information Line on 1300 229 418 (within Australia), or +61 2 9066 4051 (outside Australia) between Monday to Friday (excluding public holidays in Australia) between 9.00am and 5.00pm (AEDT).
Authorised by
Anthony Eisen
Co-CEO & Managing Director
Ends
For further information please contact
Investors | Media | Company | ||||||
Investors | ANZ | Amanda Street | ||||||
Rhianna Fursdon | Amanda Shannahan Moore | Company Secretary | ||||||
Senior Director Investor Relations | Global Director, Comms & PR | amanda.street@afterpay.com | ||||||
rhianna.fursdon@afterpay.com | amanda.shannahan@afterpay. | |||||||
com | ||||||||
+61 477 020 337 | ||||||||
+61 429 374 531 | ||||||||
North America | ||||||||
Amanda Pires | ||||||||
VP, Communications | ||||||||
amandap@afterpay.com | ||||||||
+1 650-208-372 | ||||||||
Afterpay Limited | ACN 618 280 649 | ASX:APT | |
Level 5, 406 Collins Street, Melbourne VIC 3000, Australia | 2 |
Scheme Meeting - Chair's Address
Monday, 6 December 2021
Good morning everyone. My name is Elana Rubin. I am the Chair of Afterpay Limited. As announced on Thursday, 2 December 2021, Afterpay intends to open this Scheme Meeting and immediately adjourn it. As such, I proceed to now open and adjourn this Scheme Meeting to 9.00am (AEDT) on Tuesday, 14 December 2021 (AEDT) and I look forward to your attendance at the adjourned meeting on Tuesday, 14 December 2021 (AEDT).
Thank you
Afterpay Limited | ACN 618 280 649 | ASX:APT | |
Level 5, 406 Collins Street, Melbourne VIC 3000, Australia | 3 |
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Disclaimer
Afterpay Ltd. published this content on 06 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2021 00:11:07 UTC.