Implementation of scheme of arrangement

Summary by 6ix AI

The scheme has been approved by the Supreme Court of Western Australia and has now been implemented. As a result, trading in Loyal shares has been suspended, and the company will apply for delisting from the Australian Securities Exchange. Shareholders who held shares as of the record date have received the scheme consideration as per the terms of the arrangement.

Written by 6ix AI from the company’s filing. How 6ix writes summaries