Inactive Instrument

OneVue Holdings Limited

Equities

OVH

AU000000OVH5

Praemium Limited agreed to acquire OneVue Holdings Limited from Iress Limited for AUD 21 million.

February 25, 2024

Praemium Limited (ASX:PPS) agreed to acquire OneVue Holdings Limited from Iress Limited (ASX:IRE) for AUD 21 million on February 26, 2024. The consideration consists of AUD 1 million in cash and AUD 20 million as an earnout n based on growth in FUA measured over an 18-month period post completion. Completion will be followed by an 18- month migration period to ensure IOPB clients are efficiently migrated to the Praemium platform.

The transaction is subject to customary conditions. The transaction is expected to close before April 30, 2024. Moelis & Company (NYSE:MC) acted as financial advisor to Arnold Bloch Leibler acted as legal advisor for Praemium Limited (ASX:PPS).

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	IRESS LIMITED	8.52 AUD	-0.70%	+10.65%	1B
	PRAEMIUM LIMITED	0.48 AUD	+1.05%	+6.67%	152M

Latest news about OneVue Holdings Limited

Praemium Limited agreed to acquire OneVue Holdings Limited from Iress Limited for AUD 21 million.	Feb. 25	CI
OneVue Holdings Limited's Equity Buyback announced on January 30, 2020, has expired.	20-11-05	CI
IRESS Limited completed the acquisition of OneVue Holdings Limited from Thorney Investment Group Australia Pty. Ltd., Abtourk Group and others.	20-11-05	CI
OneVue Holdings Limited(ASX:OVH) dropped from S&P/ASX Emerging Companies Index	20-10-30	CI
Shareholders of Onevue Approves Proposed Scheme with Iress	20-10-20	CI
OneVue Holdings Recommends to Vote in Favor of Proposed Scheme	20-10-12	CI
OneVue Holdings Provides Information to the Shareholders	20-10-01	CI
Alex Waislitz Opposes Takeover Bid from IRESS Limited to OneVue Holdings	20-09-30	CI
Onevue Holdings Limited Reports Earnings Results for the Full Year Ended June 30, 2020	20-08-26	CI
Australian Unity Wealth & Capital Markets Enters into Five-Year Outsourced Managed Fund Administration Agreement with OneVue	20-06-28	CI
OneVue Holdings Limited(ASX:OVH) dropped from S&P/ASX All Ordinaries Index	20-06-22	CI
IRESS Limited entered into an implementation agreement to acquire OneVue Holdings Limited from Thorney Investment Group Australia Pty. Ltd., Abtourk Group and others for approximately AUD 120 million.	20-05-31	CI
Onevue Holdings Limited Reports Earnings Results for the Half Year Ended December 31, 2019	20-02-25	CI
Unknown buyer acquired a stake in Sequoia Financial Group Limited from OneVue Holdings Limited for AUD 4.4 million.	20-02-19	CI
OneVue Holdings Limited announced that it has received $6 million in funding from OneVentures Pty Ltd	20-01-30	CI
OneVue Holdings Limited announces an Equity Buyback for 26,433,737 shares, representing 9.87% of its issued share capital.	20-01-29	CI
OneVue Holdings Limited authorizes a Buyback Plan.	20-01-29	CI
OneVue Holdings Limited Declares Fully Franked Special Dividend	19-08-28	CI
Transcript : OneVue Holdings Limited, 2019 Earnings Call, Aug 29, 2019	19-08-28
Onevue Holdings Limited Reports Earnings Results for the Full Year Ended June 30, 2019	19-08-28	CI
OneVue Holdings Limited Announces Board Changes	19-06-28	CI
Sargon Capital Pty Ltd completed the acquisition of Diversa Trustees Limited and CCSL Limited from OneVue Holdings Limited for AUD 43 million.	19-06-27	CI
OneVue Holdings Limited Reports Consolidated Financial Results for the First Half Year Ended Dec. 31, 2018	19-02-25	CI
Transcript : OneVue Holdings Limited, Q2 2019 Earnings Call, Feb 26, 2019	19-02-25
Onevue Holdings Limited Announces Fully Franked Special Dividend	19-02-25	CI

Chart OneVue Holdings Limited

Duration

Period

More charts

Company Profile

OneVue Holdings Limited is engaged in providing outsourced superannuation administration, unit registry, and end-to-end superannuation services, including the provision of investment and portfolio administration, tax and reporting services. The Company's segments include Fund Services, Platform Services and Corporate. The Fund Services segment provides outsourced unit registry and installed software to a range of investment managers, custodians, trustees and superannuation administration. Its Platform Services segment offers services, including investment administration, tax and reporting services for both superannuation and other investments, a retail superannuation fund, self-managed superannuation fund (SMSF) compliance and administration services and investment management. It manages asset classes, including listed shares, term deposits, warrants, as well as personal assets and investments, including collectibles.

Sector

More about the company