Automic Group today announced that it has completed the 100 per cent acquisition of Advanced Share Registry (ASX: ASW) for $0.165 cash per share by way of a Scheme of Arrangement.
“We are delighted to welcome the Advanced Share Registry team and its valued clients into the Automic Group family,” Andrew Wilson, Automic CEO said.
“Advanced share registry clients will now join over 1000 of Automic’s current clients to benefit from additional and integrated solutions across registry, employee share plans, investor and media relations, company secretarial, accounting and finance and ESG,”
“Our strategic choice to acquire Advanced aligns to our registry expansion plans, with the two companies sharing similar heritage and values.
“We look forward to working with Advanced to support their customers and deliver continued growth.
“At Automic Group we make business easier for our clients, so we’re excited to be able to extend this mantra to a new portfolio of clients who are sure to be delighted with the only modern and truly cloud-native registry offering in Australia.” said Mr Wilson.
This is the latest of Automic’s 2023 acquisitions which have also included WA based company secretarial and finance businesses Ventnor Capital, Endeavour Corporate and Grange Consulting as well as Environmental, Sustainability and Governance Advisory firm ESG Capital.
“At Automic we’re challenging the status quo by bringing together modern purpose-built technology with a dynamic and experienced team to tailor solutions for companies and funds to understand, engage and manage their investors as well as their ongoing regulatory requirements,” added Mr Wilson.
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Media Contact:
Tristan Everett +61 403 789 096
tristan.everett@automicgroup.com.au
About Automic Group
Automic Group is an Australian provider of integrated registry, employee share plan, board management, ESG, and investor relations solutions. The company’s proprietary technology is combined with a complementary suite of professional services to make it easier for companies and managed funds to do business. Automic Group’s scalable, cloud-native, highly adaptive, and secure platform challenges the status quo, delivering tailored solutions, automation, and efficiencies for clients, employees, and investors. Today, over 1,200 ASX listed and unlisted entities trust Automic to manage their registry, investor, and board requirements.
