Greenheart Group Limited (94) issued an update regarding its previously announced Disposal. According to the announcement, a circular was initially scheduled to be sent to shareholders on or before 24 October 2025. The circular includes details on the SPAs and related transactions, the proposed Special Dividend, financial information on the Sale Assets, pro forma financial information, and relevant valuation reports.
The latest information indicates that additional time is needed to prepare and finalize certain data. As a result, the company now expects to dispatch the circular on or before 7 November 2025. Since completion of the SPAs remains subject to various conditions, the company highlights that the Disposal and the Special Dividend may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.