FAIRFAX MEDIA LIMITED Fairfax Media Limited [ASX:FXJ] ('Fairfax' or 'Company') is pleased to announce that the Federal Court of Australia today approved the scheme of arrangement (Scheme) for the separation of Domain Holdings Australia Limited ('Domain') from Fairfax (the Separation).
The Separation was overwhelmingly approved by shareholders at the Scheme Meeting and Annual General Meeting held on 2 November 2017.
Fairfax intends to lodge a copy of the orders made by the Federal Court of Australia with the Australian Securities and Investments Commission on 7 November 2017 and the Scheme will be effective on that date.
Domain is expected to commence trading on ASX on Thursday 16 November 2017 under the ASX code 'DHA', initially on a deferred settlement basis. Fairfax will trade on an ex-entitlement basis from Thursday 16 November 2017. The Separation is expected to be implemented on Wednesday 22 November 2017.
Other key dates for implementing the Separation are set out in the Scheme Book sent to shareholders and are as follows:
For further information, please contact the Fairfax Shareholder Information Line on +61 1300 888 062 between the hours of 8.30am and 5.30pm (Sydney time), Monday to Friday.
Fairfax Media Limited published this content on 06 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 November 2017 02:23:04 UTC.
Original documenthttp://www.fairfaxmedia.com.au/pressroom/au---nz-press-room/au---nz-press-room/fairfax-media-separation-of-domain-approved-by-the-federal-court-of-australia
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