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GBST Holdings Ltd (GBT.AX)

GBT.AX on Australia Stock Exchange

3.85AUD
18 Oct 2019
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361,058
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Latest Key Developments (Source: Significant Developments)

GBST Says Trading In Shares To Be Suspended From Close Of Trade On Oct 18
Friday, 18 Oct 2019 

Oct 18 (Reuters) - GBST Holdings Ltd ::SCHEME OF ARRANGEMENT WITH FNZ (AUSTRALIA) BIDCO EFFECTIVE, TRADING IN SHARES TO BE SUSPENDED FROM CLOSE OF TRADE ON OCT 18.  Full Article

GBST Holdings Shareholders Approve Scheme Of Arrangement With FNZ (Australia) Bidco
Monday, 14 Oct 2019 

Oct 14 (Reuters) - GBST Holdings Ltd ::GBST SHAREHOLDERS APPROVED SCHEME OF ARRANGEMENT UNDER WHICH GBST WILL BE ACQUIRED BY FNZ (AUSTRALIA) BIDCO PTY LTD.  Full Article

GBST Declares Fully Franked Special Dividend Of $0.35 Per Share
Friday, 11 Oct 2019 

Oct 11 (Reuters) - GBST Holdings Ltd ::DECLARED A FULLY FRANKED SPECIAL DIVIDEND OF $0.35 PER SHARE.SPECIAL DIVIDEND IS CONDITIONAL ON SCHEME OF ARRANGEMENT BETWEEN FNZ (AUSTRALIA) BIDCO & CO BECOMING EFFECTIVE.  Full Article

GBST Holdings Posts FY Profit For Period Attributable $12.7 MLN
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - GBST Holdings Ltd ::FY PROFIT FOR PERIOD ATTRIBUTABLE UP 103% TO $12.7 MLN .FY TOTAL REVENUE AND OTHER INCOME $94.3M, UP 7%.  Full Article

GBST Holdings Updates On FNZ Proposal
Friday, 26 Jul 2019 

July 26 (Reuters) - GBST Holdings Ltd ::RECEIVED FURTHER PROPOSAL FROM KIWI HOLDCO CAYCO, TO ACQUIRE 100% OWNERSHIP OF GBST AT A$4.00 CASH PER SHARE.INFORMED THAT FNZ PROPOSAL HAD EXPIRED, BUT HAD BEEN REPLACED WITH A NEW PROPOSAL AT A$3.90 PER SHARE.BOARD FORMED THE VIEW THAT PROPOSAL FROM FNZ EFFECTIVELY INCAPABLE OF BEING ACCEPTED.  Full Article

GBST Holdings Seeks Trading Halt
Thursday, 25 Jul 2019 

July 25 (Reuters) - GBST Holdings Ltd ::SEEKS TRADING HALT PENDING ANNOUNCEMENT ON FURTHER UNSOLICITED OFFER FROM FNZ GROUP TO ACQUIRE SHARES IN GBST.  Full Article

Australian Government Takeovers Panel Received Application From Kiwi Holdco Cayco
Monday, 8 Jul 2019 

July 8 (Reuters) - AUSTRALIAN GOVERNMENT TAKEOVERS PANEL::RECEIVED APPLICATION FROM KIWI HOLDCO CAYCO IN RELATION TO AFFAIRS OF GBST HOLDINGS.RTRS (SSNC.O GBT.AX) 08 Jul - 07:48:24 AM - AUSTRALIAN FNZ GROUP SEEKS FINAL ORDERS INCLUDING THAT SS&C TECHNOLOGIES INC PROCESS DEED BE CANCELLED.  Full Article

GBST Holdings Gets Further Revised Unsolicited Non-Binding Indicative Proposal From Kiwi Holdco
Monday, 8 Jul 2019 

July 8 (Reuters) - GBST Holdings Ltd ::RECEIVED A FURTHER REVISED UNSOLICITED NON-BINDING INDICATIVE PROPOSAL FROM KIWI HOLDCO CAYCO, LTD.PROPOSAL IS AT AN INDICATIVE PRICE OF A$3.65 PER SHARE.HAS GIVEN DETAILED CONSIDERATION TO THIRD FNZ INDICATIVE PROPOSAL AND HAS RESOLVED NOT TO PROCEED WITH FNZ ON THAT PROPOSAL.REMAINS IN BEST INTERESTS OF SHAREHOLDERS TO CONTINUE TO ALLOW SS&C TO UNDERTAKE DUE DILIGENCE AND TO ENGAGE FURTHER WITH SS&C.GBST SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION IN RESPONSE TO UPDATED INDICATIVE PROPOSAL FROM SS&C AT THIS STAGE .  Full Article

SS&C Increases Offer on Non-Binding Indicative Proposal to Acquire GBST Holdings
Wednesday, 3 Jul 2019 

July 3 (Reuters) - SS&C TECHNOLOGIES HOLDINGS::SS&C TECHNOLOGIES HOLDINGS - INCREASED NON-BINDING INDICATIVE OFFER TO ACQUIRE ALL OF THE SHARES IN GBST HOLDINGS LIMITED.SS&C TECHNOLOGIES HOLDINGS - INCREASED OFFER TO PRICE OF A$3.60 CASH PER SHARE OR ABOUT A$250 MILLION EQUIVALENT TO ABOUT US$175 MILLION.SS&C TECHNOLOGIES HOLDINGS - SS&C AND GBST HAVE ALSO ENTERED INTO AMENDED EXCLUSIVITY ARRANGEMENTS WITH GBST.  Full Article

GBST Holdings Receives Two Further Non-Binding Indicative Takeover Proposals
Wednesday, 3 Jul 2019 

July 3 (Reuters) - GBST Holdings Ltd ::RECEIVED TWO FURTHER NON-BINDING INDICATIVE PROPOSALS TO ACQUIRE 100% OWNERSHIP OF GBST.GBST RECEIVES REVISED NON-BINDING INDICATIVE PROPOSAL FROM SS&C TECHNOLOGIES AT A$3.60 PER SHARE .RECEIVED NON-BINDING INDICATIVE PROPOSAL OF CASH PRICE OF A$3.50 PER SHARE FROM KIWI HOLDCO CAYCO, HOLDING COMPANY OF FNZ GROUP.PRICE OF A$3.60 PER SHARE VALUES EQUITY OF GBST AT ABOUT A$244 MILLION.GBST BOARD INTENDS TO UNANIMOUSLY RECOMMEND SS&C UPDATED PROPOSAL TO SHAREHOLDERS .GBST SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION IN RESPONSE TO UPDATED PROPOSAL AT THIS STAGE.SS&C WOULD ALSO BE COMFORTABLE WITH GBST PAYING A FULLY FRANKED SPECIAL DIVIDEND OF UP TO A$0.35 PER SHARE AHEAD OF COMPLETION.  Full Article