Scheme of Arrangement approved by shareholders and Supreme Court

October 9, 2025 - Maxo Telecommunications Pty Ltd ("MaxoTel") has achieved a key milestone in its acquisition of Vonex Limited (ASX: VN8), after the Supreme Court of New South Wales granted approval to the Scheme of Arrangement.

Following approval by Vonex shareholders and the Supreme Court, the scheme became effective today, marking the final day of trading in Vonex's ASX listing. Vonex will be formally de-listed from the Australian Securities Exchange on 21st October 2025.

The scheme will see MaxoTel become the sole shareholder of Vonex's telecommunications business on 20th October 2025, further strengthening its position as a leading Australian provider of hosted PBX, VoIP, and cloud communication services.

Scheme Timetable - Remaining Key Dates