An individual shareholder’s case for retaining exposure to the company’s long-term future. The organiser states they have personally voted against the proposed scheme. This summary records an opinion, not a fair-value conclusion.
Advance direct/proxy deadline: Saturday 31 October 2026, 11 am AEDT.
Scheme meeting: Monday 2 November 2026, 11 am AEDT. Eligible shareholders can vote at the meeting under the official instructions.
Written questions: by 11 am AEDT on 31 October, to companysecretary@oohmedia.com.au.
These opportunities are uncertain. Site rents, concessions, debt, capital expenditure, competition and advertising demand can reduce returns.
The proposal is $1.68 cash per share. The fully franked 2c interim dividend was paid on 17 September 2026; it is separate from the scheme consideration. The expert valuation is ex-dividend.
The board, excluding David Ferrarin, recommends the scheme absent a superior proposal and subject to the independent expert’s continuing best-interests conclusion.
Grant Samuel concluded the scheme is fair and reasonable, with an equity valuation range of $1.59–$1.78 per share. The offer followed a competitive process, represents a premium to the undisturbed price and provides cash certainty. The share price may decline if the scheme fails.
The booklet discloses $500,000 under CEO James Taylor’s 2026 STI and approximately $1.494m of scheme consideration for vesting rights and restricted shares, subject to disclosed terms. Possible future management equity terms were unagreed. These disclosures do not establish improper conduct (pp.12–13).
au.investorcentre.mpms.mufg.com
meetings.openbriefing.com/omlscheme26