Pushpay receives Final Orders for Scheme of Arrangement

Pushpay Holdings Limited (NZSX:PPH, ASX:PPH) has received final orders from the High Court approving the Scheme of Arrangement with Pegasus Bidco Limited.

Pushpay has requested a suspension of trading on the NZX and ASX. 

Subject to implementation conditions being met or waived, the Bidder will acquire all of the shares in Pushpay on Friday, 19 May 2023 (NZT).

Holders of Pushpay shares at the Scheme Record Date will be entitled to receive the Scheme consideration, which will be NZ$1.42 per Pushpay share for all shareholders (other than shareholders associated with the Bidder and for the Specified Shares).

Pushpay will be delisted from the NZX and ASX, subject to NZX and ASX approval respectively.