Smartpay Acquired by Shift4 Following Scheme of Arrangement

MT Newswires Live

Nov 04

Smartpay Holdings (ASX:SMP, NZE:SPY) has completed its scheme of arrangement with Shift4 Holdings, resulting in Shift4 acquiring all the company shares, according to a Tuesday filing with the Australian and New Zealand bourses.

Shareholders on record as of Oct. 31 have received NZ$1.20 per share as the scheme consideration, per the filing.

Trading in the company's shares on the New Zealand Exchange and Australian Securities Exchange was suspended on Oct. 29, with the company set to be delisted from both exchanges at the close of trading on Tuesday, the filing added.

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