Cleanaway Gains Federal Court Approval For Tox Free Scheme of Arrangement

Cleanaway Gains Federal Court Approval For Tox Free Scheme of Arrangement

Cleanaway Waste Management Limited (“Cleanaway”) is pleased to announce that the Federal Court of Australia has today made orders approving the scheme of arrangement (“Scheme”) under which Cleanaway will acquire all of the ordinary shares in Tox Free Solutions Limited (“Tox Free”). This follows the receipt of Tox Free shareholder approval on 3 May 2018.

Cleanaway Waste Management Limited (“Cleanaway”) is pleased to announce that the Federal Court of Australia has today made orders approving the scheme of arrangement (“Scheme”) under which Cleanaway will acquire all of the ordinary shares in Tox Free Solutions Limited (“Tox Free”).

This follows the receipt of Tox Free shareholder approval on 3 May 2018.

Tox Free is expected to lodge a copy of the Federal Court orders with the Australian Securities and Investments Commission on Friday, 11 May 2018, at which time the Scheme will become effective.

The Scheme is expected to be implemented on Friday, 25 May 2018.

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