Telstra Corporation Ld Scheme of arrangement becomes legally effective (4851D)

TIDM93YM

RNS Number : 4851D

Telstra Corporation Ld

20 October 2022

 
                            20 October 2022                              Office of the Company Secretary 
 
                                                                          Level 41 
                             The Manager                                  242 Exhibition Street 
                                                                          MELBOURNE VIC 3000 AUSTRALIA 
                             RNS 
                                                                          General Enquiries 03 8647 4838 
                                                                          Facsimile 03 9650 0989 
                                                                          [e-mail] 
 
                                                                          Investor Relations 
                                                                          Tel: [phone] 
                                                                          [e-mail] 
 

ELECTRONIC LODGEMENT

Dear Sir or Madam

Scheme of arrangement becomes legally effective

In accordance with the Listing Rules, I attach a market release, for release to the market. Authorised for lodgement by the Company Secretary.

Yours faithfully,

Sue Laver

Company Secretary

Telstra Corporation Limited

ACN 051 775 556

ABN 33 051 775 556

MARKET RELEASE

Scheme of arrangement becomes legally effective

Thursday 20 October 2022 -Telstra is pleased to announce that the scheme of arrangement (Scheme) being used by it to help finalise its corporate restructure has become legally effective.

A copy of the orders made by the Supreme Court of New South Wales approving the Scheme was lodged today with ASIC.

As a result of the Scheme becoming effective, it is expected that today will be the last day of trading in Telstra shares on the ASX, and that Telstra Group Limited shares will commence trading on the ASX on a deferred settlement basis tomorrow.

It is expected that Telstra Group Limited shares will commence trading on the ASX on a normal settlement basis on 1 November

For more information on the Scheme, please refer to the Scheme Booklet released by Telstra on 23 August 2022.

<ENDS>

Telstra media contact: Steve Carey, General Manager Media

M: [phone]

E: [e-mail]

Reference number: 078/2022

Telstra investor contact: Nathan Burley, Investor Relations

T : [phone]

E : [e-mail]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

SOAFFFEEUEESEDS

(END) Dow Jones Newswires

October 20, 2022 02:00 ET (06:00 GMT)