Qube scheme takes effect; fully franked special dividend declared

Qube Holdings (ASX: QUB) said its scheme of arrangement with Rubik Australia has been approved by the Supreme Court of New South Wales and is now effective. The company also declared a fully franked special dividend of A$0.3465 per share, with a record date of 14 July 2026 and payment on 23 July. QUB shares will be suspended from close of trade on the announcement date. Settlement is expected to complete on 14 August 2026, with shareholders to receive cash consideration of A$5.20 per share, net of the interim and special dividends already paid. The development is flagged as a clear catalyst for a compulsory delisting and liquidation-style takeover outcome.

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