The Reject Shop Limited

ASX:TRS
Deleted on 2025-07-26 00:30:04

The Reject Shop Limited

ASX:TRS
Deleted on 2025-07-26 00:30:04
$6.68 (0%)
Last close price
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Reports (2) My Report Forum Investors
Forum Topics TRS TRS Binding Scheme of Arrangement

Pinned straw:
lowway
Added 8 months ago

27 March 2025

THE REJECT SHOP ENTERS INTO BINDING SCHEME IMPLEMENTATION

AGREEMENT WITH DOLLARAMA


Summary

• Acquisition price of A$6.68 cash per share representing a 112% premium to the

closing share price of A$3.15 on 26 March 2025

• The Reject Shop Board unanimously recommends shareholders vote in favour of the

Scheme1

• The Reject Shop’s largest shareholder Kin Group (20.8%) has informed The Reject

Shop that it intends to vote all shares held in favour of the Scheme1

• Scheme is subject to The Reject Shop shareholder approval and other customary

conditions
OxyBBear
Added 8 months ago

The intention to pay a $0.77 dividend (which will come off the offer price of $6.68) with $0.33 of franking credits attached might be worthwhile for super funds in pension phase (or even accumulation phase) looking for yield.

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lowway
Added 8 months ago

Yes, a reasonable arbitrage (if your SMSF has spare funds) @OxyBBear. I placed a sell in my SM portfolio today but will keep and have also done a little top-up in my RL portfolio and wait for the franking credits for my pension mode SMSF!!


just to add, there is also an existing approved 12cent dividend fully franked that goes ex-dividend on 16 April!!

10
lowway
Added 8 months ago

@OxyBBear I forgot to add the existing dividend when commenting earlier today!!

9