Inactive Instrument

Symbio Holdings

Equities

SYM

AU0000190167

Symbio Holdings Limited Implementation of Scheme

February 28, 2024 at 04:20 pm EST

Sydney, Australia (ABN Newswire) - Symbio Holdings Limited (ASX:SYM) is pleased to announce that the Scheme of Arrangement between Symbio and its shareholders which was approved by the relevant Symbio shareholders on 7 February 2024 and the Federal Court of Australia on 16 February 2024 ("Scheme") has been implemented. Unless otherwise indicated, capitalised terms used in this announcement but not separately defined have the meaning given to them in the Scheme Booklet released to the ASX on 22 December 2023 ("Scheme Booklet").

Scheme Participants have today been paid:

- the Scheme Consideration for each Symbio share they held at 5:00pm (Sydney time) on 21 February 2024 (being the Scheme Record Date); and

- the Agreed Dividend for each Symbio share they held at 5:00pm (Sydney time) on 19 February 2024 (being the Agreed Dividend Record Date).

Delisting of Symbio

As previously announced, trading in Symbio shares was suspended from close of trading on 19 February 2024.

Symbio intends to apply for its removal from quotation on the official list of ASX with effect from close of trading on 29 February 2024.

About Symbio Holdings Limited:

Symbio Holdings Limited (ASX:SYM) is a software company changing the way the world communicates.

Symbio's technology replaces old-fashioned telecom networks with software, making it faster and easier to deliver modern cloud-based communication services, unlocking endless new applications for calling, messaging and phone numbers.

Symbio is the backbone for the global cloud communication industry. Over 500 service providers - from telecom start-ups to the world's biggest software companies - rely on Symbio for the connectivity, quality and expertise they need to solve complex communication challenges.

Headquartered in Sydney, Symbio powers billions of calls and messages each year, owns networks in three countries and employs over 450 staff worldwide.

For more information about Symbio visit www.symbio.global

Source:
Symbio Holdings Limited

Contact:

Miki Kando
Executive Assistant to CEO and CTO
Phone: +61-422-832-852
Email: investor@symbio.global

Michelle Loh
Cannings Strategic Communications
T: +61 497 834 937
E: mloh@canningscomms.com.au

Latest news about Symbio Holdings

Symbio Swings to Loss in Fiscal H1	Feb. 20	MT
Symbio Holdings Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 20	CI
Symbio Holdings Limited(ASX:SYM) dropped from S&P/ASX Emerging Companies Index	Feb. 19	CI
Symbio Holdings Limited(ASX:SYM) dropped from S&P/ASX All Ordinaries Index	Feb. 19	CI
Aussie Broadband Limited completed the acquisition of Symbio Holdings Limited.	Feb. 18	CI
Australian Federal Court OKs Aussie Broadband's Acquisition of Symbio	Feb. 16	MT
Transcript : Symbio Holdings Limited - Shareholder/Analyst Call	Feb. 06
Symbio Holdings Limited Announces Change in Registered Office Address	Dec. 05	CI
Transcript : Symbio Holdings Limited - Shareholder/Analyst Call	Nov. 28
Symbio Extends Exclusivity Period for Aussie Broadband Proposal	23-10-25	MT
Aussie Broadband to Buy Symbio in Cash-And-Stock Deal	23-10-03	MT
Superloop Limited cancelled the acquisition of Symbio Holdings Limited.	23-09-28	CI
Aussie Broadband Limited submitted a conditional nonbinding indicative proposal to acquire Symbio Holdings Limited for approximately AUD 270 million.	23-09-28	CI
Symbio Extends Exclusivity Period for Superloop Proposal; Shares Slide 3%	23-08-29	MT
Symbio Holdings Seeks Acquisitions	23-08-28	CI
Transcript : Symbio Holdings Limited, 2023 Earnings Call, Aug 29, 2023	23-08-28
Symbio Holdings Limited Announces Dividend for the Six Months Ended June 30, 2023, Payable October 4, 2023	23-08-28	CI
Symbio Holdings Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-08-28	CI
Symbio Holdings Limited Declares Final Dividend for the Year Ended 30 June 2023, Payable on 4 October 2023	23-08-28	CI
Superloop Limited made a non-binding indicative proposal to acquire Symbio Holdings Limited for approximately AUD 250 million.	23-07-31	CI
Symbio Holdings Limited Announces the Launch of its South-East Asia Regional Hub	23-05-16	CI
Transcript : Symbio Holdings Limited, H1 2023 Earnings Call, Feb 20, 2023	23-02-19
Symbio Holdings Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-02-19	CI
Symbio Holdings Limited Announces Ordinary Fully Franked Interim Dividend for the Period of Six Months Ended December 31, 2022, Payable on March 30, 2023	23-02-19	CI
Symbio Makes Acting CFO Permanent	23-02-09	MT

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Company Profile

Symbio Holdings Limited is an Australia-based cloud communications software company. The Company is engaged in providing communication services to software companies, telecom providers and enterprise customers across Australia and internationally. The Company operates through three segments: Communications Platform as a Service (CPaaS), Unified Communications as a Service (UCaaS), and Telecom as a Service (TaaS). The CPaaS division is focused on enabling software companies and infrastructure-based service providers to enable calling and messaging via Symbio hosted phone numbers. The CPaaS division operates under the Symbio brand and incorporates the global TNZI brand and customer base. The UCaaS segment is focused on enabling the roll-out and self-service management of enterprise collaboration services. The TaaS segment is focused on providing a digital platform for small service providers (in Australia only) to operate their telecom and managed services business.

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