Announcement • Jul 02
Strata Investment Holdings plc Announces Appointment of Robert Breunig as Non-Executive Director, Effective June 30, 2026 Strata Investment Holdings PLC announced that the Board had appointed Mr. Robert Breunig as a non-executive director with effect on and from the conclusion of the annual general meeting of the Company to be held on June 30, 2026. Mr. Robert Breunig holds a degree from Rutgers University (United States) and brings over 40 years of commercial experience spanning capital markets, corporate transactions and operational business management. Mr. Breunig commenced his career on Wall Street in the 1980s, where he developed specialist expertise in medical technology companies, institutional sales and mergers and acquisitions. He is the founder of a company operating across the construction, demolition, recycling and real estate development sectors. Mr. Breunig has been an active investor in publicly listed mining companies for the past ten years and brings to the Board significant expertise in corporate finance, mergers and acquisitions and strategic leadership. Announcement • Jun 24
An undisclosed buyer cancelled the acquisition of Strata Investment Holdings Plc (ASX:SRT) from SCP Resource Finance LP and others. An undisclosed buyer proposed to acquire Strata Investment Holdings Plc (ASX:SRT) from SCP Resource Finance LP and others on June 10, 2026. A cash consideration valued at AUD 0.16 per share will be paid .The Offer will extend to all issued Strata Shares and any further Strata Shares which are unconditionally allotted or issued and fully paid before the Offer closes. If sufficient acceptances of the Offer are received and/or sufficient Strata Shares are otherwise acquired, it is the intention of buyer to apply the provisions of Chapter 3 of Part 28 of the Companies Act to acquire compulsorily any outstanding Strata Shares to which such Offer relates. The offer was made directly to shareholders without a recommendation from the target's board. In its announcement, buyer cited concerns over Strata's high operational cost base, declining portfolio performance, and the imminent risk of the company's delisting from the ASX as reasons for the offer. Should the buyer acquire (pursuant to the Offer or otherwise), 90%. or more in nominal value of the Strata Shares to which the Offer relates, buyer intends that Strata will make a formal request to ASX for removal of Strata from the Official List. At completion of the Offer, it is expected that the current members of the Strata Board will resign. Thereafter, no immediate change is expected, but the buyer will carry out a further review of Strata's wider staffing arrangements as part of the Post-Completion Review to determine how best to align resources with its strategic priorities. This review may result in consolidation of roles in certain central functions, a material reduction or replacement of existing personnel or outsourcing to alternative providers to reduce costs. As of June 18, 2026 the offeror board is pleased to announce the terms and conditions of an increased and revised cash offer Under the terms of the Cash Offer, each Strata Shareholder will be entitled to receive 22 cents in cash for each Strata Share as an alternative to the Cash Offer, Eligible Strata Shareholders may instead elect to receive one unlisted common share in the capital of offeror for each Strata Share, subject to the Share Alternative Maximum.
Andrew Chubb and Vladimir Volodko of H & P Advisory Limited acted as financial advisor and Squire Sanders LLP acted as legal advisor for the buyer
An undisclosed buyer cancelled the acquisition of Strata Investment Holdings Plc (ASX:SRT) from SCP Resource Finance LP and others on June 22, 2026. The Strata Board believes that the Revised Proposed Offer is not in the best interests of the Company's shareholders as a whole. The Strata Board has therefore determined not to recommend the Revised Proposed Offer. Announcement • Jun 15
An undisclosed buyer cancelled the acquisition of Strata Investment Holdings Plc (ASX:SRT) from SCP Resource Finance LP and others. An undisclosed buyer proposed to acquire Strata Investment Holdings Plc (ASX:SRT) from SCP Resource Finance LP and others for AUD 27.1 million on June 10, 2026. A cash consideration valued at AUD 0.16 per share will be paid .The Offer will extend to all issued Strata Shares and any further Strata Shares which are unconditionally allotted or issued and fully paid before the Offer closes. If sufficient acceptances of the Offer are received and/or sufficient Strata Shares are otherwise acquired, it is the intention of buyer to apply the provisions of Chapter 3 of Part 28 of the Companies Act to acquire compulsorily any outstanding Strata Shares to which such Offer relates. The offer was made directly to shareholders without a recommendation from the target's board. In its announcement, buyer cited concerns over Strata's high operational cost base, declining portfolio performance, and the imminent risk of the company's delisting from the ASX as reasons for the offer. Should the buyer acquire (pursuant to the Offer or otherwise), 90%. or more in nominal value of the Strata Shares to which the Offer relates, buyer intends that Strata will make a formal request to ASX for removal of Strata from the Official List. At completion of the Offer, it is expected that the current members of the Strata Board will resign. Thereafter, no immediate change is expected, but the buyer will carry out a further review of Strata's wider staffing arrangements as part of the Post-Completion Review to determine how best to align resources with its strategic priorities. This review may result in consolidation of roles in certain central functions, a material reduction or replacement of existing personnel or outsourcing to alternative providers to reduce costs.
Andrew Chubb and Vladimir Volodko of H & P Advisory Limited acted as financial advisor and Squire Sanders LLP acted as legal advisor for the buyer
An undisclosed buyer cancelled the acquisition of Strata Investment Holdings Plc (ASX:SRT) from SCP Resource Finance LP and others on June 15, 2026. The Strata Board believes that the Proposed Offer materially undervalues Strata, its assets and its prospects and is not in the best interests of the Company's shareholders as a whole. The Strata Board has therefore determined to reject the Proposed Offer. Accordingly, the Strata Board advises shareholders do not need to take any action in relation to this Proposed Offer.