Court Approves Scheme - Locate Technologies Ltd (ASX: LOC)
ASX MEDIA RELEASE
10 December 2025
1
Court Approves Scheme
Locate Technologies Limited (ASX: LOC) (“Locate Technologies” or the “Company”) is pleased to
announce that the Supreme Court of New South Wales ("Court") has today made orders approving the
proposed scheme of arrangement, under Part 5.1 of the Corporations Act 2001 (Cth) ("Scheme"),
between Locate Technologies and its shareholders pursuant to which it is proposed that a recently listed
New Zealand company, Locate Technologies Limited (NZX: LOC) ("Locate NZ") will become the new
holding company of the Locate Technologies group.
Capitalised terms used in this announcement have the meaning given to them in the Scheme Booklet
released to ASX on 31 October 2025, unless the context otherwise requires.
Lodgement of Court Orders
Locate Technologies intends to lodge a copy of the Court's orders with ASIC tomorrow, 11 December
2025, at which time the Scheme will become legally effective. If this occurs, Locate Technologies Shares
will be suspended from trading on the ASX with effect from the close of trading on 11 December 2025.
Indicative Scheme Timetable
The remaining key dates expected for the Scheme are set out below.
Effective Date of the Scheme Thursday, 11 December 2025
Last date of trading of Shares on ASX Thursday, 11 December 2025
Record Date for determining entitlements to the Scrip
Consideration
7.00pm (Sydney Time) on
Monday, 15 December 2025
Implementation Date for the Scheme Tuesday, 16 December 2025
Delisting of Locate Technologies from the official list of
ASX
Wednesday, 17 December 2025
First day of quotation of the Locate NZ Shares issued as
the Scrip Consideration on NZX
Expected to commence promptly
following the Implementation
Date
Note: All stated dates and times are indicative only. Any changes to the above timetable will be announced to ASX and
will be available on Locate Technologies' website at https://locate.tech/announcements/.
ASX MEDIA RELEASE
10 December 2025
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For further information contact:
Steven Orenstein – CEO E: investors@locate.tech
END
This announcement is authorised for release by the Board of Locate Technologies Limited.
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About Locate Technologies
Locate Technologies harnesses the power of AI, cloud infrastructure, and SaaS technology to
transform how businesses manage last-mile delivery and logistics operations. Through a
suite of platforms— Locate2u, Zoom2u and Shred2u—the Company delivers smart, scalable
solutions that simplify delivery management, optimise route planning, and enhance real-time
visibility for businesses of all sizes.
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