Atturra (ASX:ATA) completes acquisition of Cirrus Networks Holdings

Atturra Limited (ASX:ATA) has successfully completed the acquisition of Cirrus Networks Holdings Limited (ASX:CNW) through a scheme of arrangement. The acquisition, previously announced on 11 and 15 September 2023, has been implemented, resulting in changes to the Cirrus Board of Directors and Company Secretaries. The Scheme Consideration has been distributed to Cirrus shareholders as per the terms outlined in the Scheme Booklet.

Executive Commentary

The completion of the acquisition marks a significant milestone for Atturra as it expands its portfolio and strengthens its position in the market. We are pleased with the successful implementation of the Scheme and look forward to the opportunities it presents for both Atturra and Cirrus. The changes to the Board of Directors and Company Secretaries align with our strategic vision for the future.

Summary

Atturra Limited (ASX:ATA) has finalized the acquisition of Cirrus Networks Holdings Limited (ASX:CNW) through a scheme of arrangement. The Scheme Consideration has been distributed to Cirrus shareholders based on the options outlined in the Scheme Booklet. Following the implementation of the Scheme, changes to the Cirrus Board of Directors and Company Secretaries have taken effect. Cirrus is expected to be delisted from the official list of the ASX, in line with the previous announcements. The completion of the acquisition signifies a significant step for Atturra's corporate strategy and expansion plans, positioning the company for future growth and development.