MMA Offshore Limited (AU:MRM) has released an update.
MMA Offshore Limited has announced that its shareholders’ meeting to vote on the acquisition by Cyan MMA Holdings Pty Limited has been rescheduled to July 8, 2024, following the Federal Court of Australia’s approval to distribute a supplementary scheme booklet. The Independent Expert has reaffirmed that the offer of A$2.70 per share is in the shareholders’ best interest, and Cyan has stated this is their final bid, barring any competing proposals. Shareholders will receive further information on how to access the booklet and the revised voting process electronically or by post.
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