Introducing Nearmap for Post-catastrophe Response
Post Catastrophe Imagery and AI-derived property damage and condition data unite to help insurers process customer claims more efficiently.
Post Catastrophe Imagery and AI-derived property damage and condition data unite to help insurers process customer claims more efficiently.
Nearmap Ltd (ASX:NEA) (‘Nearmap’ or ‘Company’) advises that the scheme of arrangement pursuant to which Atlas AU BidCo Pty Ltd (‘Thoma Bravo BidCo’), a wholly-owned subsidiary of a fund advised by Thoma Bravo L.P. (‘Thoma Bravo’) will acquire all of the issued shares of Nearmap (‘Scheme’) has now been implemented.
All Nearmap shares have been transferred to Thoma Bravo BidCo. Eligible Nearmap shareholders who held Nearmap shares at the Scheme record date, being 7:00pm (Sydney time) Thursday 8 December 2022 (‘Scheme Record Date’) were paid A$2.10 in cash per each Nearmap share held at the Scheme Record Date in accordance with the terms of the Scheme.
With effect on and from today independent non-executive Chairman, Mr Peter James and non-executive directors Ms Sue Klose, Mr Ross Norgard, Mr Cliff Rosenberg, Mr David Baxby, and Ms Helen Souness have resigned as directors of Nearmap.
Also, with effect on and from today, Mr A.J. Rohde, Mr Peter Hernandez and Mr Anthony Kearney have been appointed as directors of Nearmap.
Authorised by:
Mr Peter James
Chairman of Nearmap Ltd
