By Digifin Pty Ltd · About this coverage
About ClearView (ASX:CVW)
ClearView Wealth Limited is an ASX-listed life insurance company headquartered in Sydney. It underwrites and distributes life insurance in Australia, including death, total and permanent disability, trauma and income protection cover. Its products are sold principally through financial advisers.
ClearView Wealth Limited (ASX:CVW) confirmed that it has lodged with ASIC an office copy of the orders of the Supreme Court of New South Wales approving the members' scheme of arrangement under which Zurich Financial Services Australia Limited will acquire all ClearView shares. Accordingly, the Scheme is now Effective, and the office copy of the Court Orders is attached to the announcement. Official quotation of, and trading in, ClearView shares on the ASX is expected to be suspended from the close of trading on 31 July 2026.
Shareholders registered as at 7:00pm Sydney time on Wednesday 5 August 2026 will be paid the fully franked Special Dividend of $0.05 per share on Wednesday 12 August 2026. Shareholders registered as at 7:00pm on Thursday 13 August 2026 will receive scheme consideration of A$0.60 in cash for each share held, on implementation of the Scheme, which is expected on Thursday 20 August 2026. Because the Special Dividend will be paid, the scheme consideration was reduced from $0.65 to $0.60 per share under the Scheme Implementation Deed; certain shareholders may be able to realise up to $0.0214 of franking credits per share, such that the aggregate of consideration, dividend and franking credits may be up to approximately $0.67 per share, depending on individual circumstances.
Source: ClearView Wealth Limited (ASX:CVW), 31 July 2026. Summary content supplied by Digifin Pty Ltd.
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