CWK shareholders back redomiciliation; 1‑for‑1 share issuance planned
Rhea-AI Filing Summary
Cushman & Wakefield (CWK) shareholders approved a plan to redomicile from England and Wales to Bermuda via a court‑sanctioned scheme of arrangement. Resolutions at the Court Meeting and General Meeting—each requiring at least 75% approval—were passed, paving the way for the transaction, including a one‑for‑one issuance of common shares of Cushman & Wakefield Ltd. to existing holders.
Shareholder participation was high at each meeting, and advisory votes on proposed bye‑law changes were also approved. The closing remains subject to Court sanction and other conditions. The proposed timeline lists a Court hearing on November 25, 2025; record time and last trading/disablement at 5:00 p.m. ET on November 26, 2025; effectiveness and cancellation/issuance on November 27, 2025; and listing and trading of the new shares at market open on November 28, 2025.
Positive
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Negative
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Insights
Shareholders approved redomiciliation; final Court sanction pending.
Cushman & Wakefield obtained the required shareholder approvals to move its place of incorporation to Bermuda through a court‑approved scheme. Key resolutions that needed at least
The process still requires the High Court’s sanction and procedural steps before taking effect. The company provides a clear sequence: Court hearing on
Actual completion depends on satisfying conditions and timing of the Court order. If executed as outlined, the share transition is one‑for‑one, and trading continuity is expected per the stated dates.