Scheme Update
Sydney, Mar 20, 2019 AEST (ABN Newswire) - MYOB Group Limited (
ASX:MYO) (MYOB or Company) notes the receipt by the Company of a letter from ETA Australia Holdings III Pty Ltd (an affiliate of Kohlberg Kravis Roberts & Co. L.P.) after market close on 19 March 2019 in relation to the proposed scheme of arrangement (Scheme) (attached as an appendix) (see link below).
MYOB also confirms that it has despatched the Scheme Booklet released to the ASX on 14 March 2019, together with personalised proxy forms.
MYOB shareholders who have nominated an electronic address for the purposes of receiving notices of meeting will have received an email containing the Scheme Booklet and proxy form. All other MYOB shareholders will receive the Scheme Booklet and proxy form by post.
A copy of the Scheme Booklet is available on MYOB's website at http://investors.myob.com.au.
MYOB shareholders should carefully read the Scheme Booklet in its entirety (and the material accompanying it) before deciding whether to vote in favour of the Scheme.
The Scheme Meeting will take place at 3:00pm (AEST) on Wednesday, 17 April 2019 at MYOB Offices, Level 8, 45 Clarence Street, Sydney NSW 2000.
To view the Appendix, please visit:
http://abnnewswire.net/lnk/9M42DD3P
About Myob Group Ltd
MYOB Group Ltd (ASX:MYO) is a leading provider of online business management solutions. It makes business life easier for approximately 1.2 million businesses and accountants across Australia and New Zealand by simplifying accounting, payroll, tax, practice management, CRM, job costing, inventory and more. MYOB operates across three core segments – Clients and Partners (business solutions to SMEs and Advisers); Enterprise Solutions (larger businesses) and Payment Solutions. It provides ongoing support through client service channels including a network of over 40,000 accountants, bookkeepers and other consultants. It is committed to ongoing innovation, particularly through its Connected Practice Strategy and through the development of the MYOB Platform. For more information, follow @MYOB on Twitter or visit https://investors.myob.com.au/Investors
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