Clearview has agreed to pay a special dividend as part of the implementation agreement with CCP BidCo.
Clearview had agreed to pay the 2.2 cents per share unfranked special dividend once CCP BidCo obtained more than half the shares in ClearView, and when CCP BidCo’s offer became otherwise unconditional.
CCP BidCo moved past 50 per cent ownership in ClearView earlier this month and yesterday a notice on the Australian Securities Exchange from the law firm representing CCP BidCo, Gilbert + Tobin, confirmed CCP BidCo's offer is now free of additional conditions.
The dividend will be paid on 16 October, ClearView stated.
