On Friday, Qube Holdings Ltd (ASX: QUB) announced it will delist from the ASX following the completion of its takeover by Rubik Australia, with shareholders receiving $5.20 per share (less interim and special dividends) under the scheme of arrangement.
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What did Qube report?
- Scheme of arrangement implemented on 14 August 2026
- Rubik Australia Pty Limited acquired 100% of Qube shares
- Shareholders (excluding UniSuper) received $5.20 per share, less $0.0535 interim and $0.3465 special dividends
- UniSuper received shares in Rubik Australia Holdings Pty Limited for its specified shares
- Qube shares suspended from ASX on 8 July 2026
What else do investors need to know?
Qube has completed the final steps of its scheme of arrangement, meaning all outstanding shares are now owned by Rubik Australia. Shareholders holding Qube shares as of the record date should receive their scheme consideration, less previously paid dividends.
The company officially announced that it will be removed from the ASX at the close of trading on 17 August 2026. Investors cannot trade Qube shares on the ASX from now on, and any further communication will likely come directly from Rubik Australia.
What's next for Qube?
With the transaction now complete, Qube Holdings will no longer be an ASX-listed company. Former shareholders are now entitled to their scheme consideration, and the business will move forward under Rubik Australia's ownership.
UniSuper, a significant holder, has exchanged its Qube shares for shares in Rubik Australia Holdings. The next phase for Qube—now privately owned—will focus on integration and future plans set out by the new owner.
