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Getting-Hitched-05 (2)

GETTING HITCHED

HUB24 Limited (ASX: HUB) has entered into a Scheme Implementation Deed for the the acquisition of 100% of the ordinary shares in Class Limited (ASX: CL1) by way of a scheme of arrangement between Class and its shareholders.

Class shareholders will receive 1 HUB24 share for every 11 Class shares held, plus $0.10/Class share. The price represents a 71.6% premium to the last trading price of Class shares on the 15th October, 2021.

Shares of HUB24 Limited fell 0.76% following the announcement.

Shares of Class Limited rose 62.43% following the announcement.

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